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Understanding the Currency Trade with Peter Bain

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Uploaded by on Mar 13, 2009

http://www.moneyshow.com/video/details.asp?ret=nr&wkspID=E5E71F00893E4C47... Forex trader Peter Bain shares an example of the carry trade and why you need to understand it.

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Education

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  • "Gotta love the dumb money." Over the next two month after this video was filmed on 09/06/2008 the Australian Dollar plummeted and the U.S. dollar shot up. Exactly the opposite of the smug prediction in the video. How did your AUD long, USD short carry trade work out for you? 

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