EUR/USD1.0842+0.12%GBP/USD1.2715-0.08%USD/JPY156.42+0.21%XAU/USD2,341.50+0.45%BTC/USD67,920+1.82%S&P 5005,287+0.34%NASDAQ18,162+0.51%DOW39,420-0.11%WTI Oil78.20+0.92%USD/INR83.42-0.04%EUR/USD1.0842+0.12%GBP/USD1.2715-0.08%USD/JPY156.42+0.21%XAU/USD2,341.50+0.45%BTC/USD67,920+1.82%S&P 5005,287+0.34%NASDAQ18,162+0.51%DOW39,420-0.11%WTI Oil78.20+0.92%USD/INR83.42-0.04%

Definition

Carry Trade

A strategy where traders borrow in a low-interest-rate currency to buy a higher-yielding one, earning the interest differential (swap).

swap interest rates