Carry Trade Loss 2.8% as Dollar Fails to Weaken on Fed

Carry Trade Loss 2.8% as Dollar Fails to Weaken on Fed

Brendan Smialowski/Bloomberg

From the $2.3 trillion pumped into the U.S. by the Fed since 2008 to record-low interest rates in the euro zone, U.K. and Japan, nothing has prevented the world’s economy from slowing this year.