<t>Farmer, thanks for your explanation but It's not very clear to memy problem is, when you borrow in a low yielding currency and lend in a high yielding currency you make a profit equal to the difference in interest rates, but the non arbitrage theory says that the furture exchange rates will be su...

Hi all,can anyone give sone insights on why does the FX carry trade works, how can we explaineconomically that there is a biais in the Forward prices?many thanks

could u send it to me please to altiplanohimalaya@yahoo.frthanks vm

Hi clopinette, I have a technical question regarding bennani's paper, I don't know how to proove the equation 3.2 at the top of page 7, it looks like something classic but could u please give me a hint to how can I proove itthnks

Hi All I have an interview with GS and would like to know what kind of questions they ask? thnks