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Draghi Injects New Life Into Euro Carry Trade, Sends Kiwi Flying

  • Carry-trade gains led by N.Z. dollar and Colombian peso
  • Draghi may pressure Bank of Japan, Federal Reserve, NAB says
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European Central Bank President Mario Draghi has given new life to an investment strategy for currency traders that hinges on euros at near-zero rates. 

All of the 43 potential carry trades funded in euros tracked by Bloomberg have made money since Draghi on Thursday left little doubt he’s ready to add monetary stimulus to boost a flagging economy.