Forex strategy : Carry Trade Basket: 92 pips Gain

This week, the Dynamic Carry Trade Basket was up by nearly 92 pips in value and accumulated more than $150 on interest payments. The most profitable trades were the long position we took in the Australian dollar with 162 pips gain and the short position we have in the Japanese yen (99 pips). On the other hand, the biggest loss was taken in the long position we held in the Sterling (192 pips). News that the Bank of England has agreed to give emergency financial support to the Northern Rock, one