What is the Carry Trade? [ Ссылка ] Corvin Codirla, ex-hedge fund manager and trader comments. Does the Carry Trade work? Can you use it as a trading strategy/system? Going back to interest rates, some countries have higher interest rates than others, so its natural to want to invest in those higher-interest countries. If you buy USD/JPY you are earning 5% a year, then you are hoping that the dollar will appreciate against the Yen as well so you have a double whammy.
