The unwinding of the dollar carry trade may be done

It's a while that I have not posted about the global carry trade. It appears like the unwinding of the trade that started in late May is over and the volatility is back to the normal value typical of the past couple of years:



Looking at the SP and EC contracts, it is quite possible that the trade is starting again on a new level but it is probably to early to tell:



Categories: stock market, currencies, correlations