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Borrowing offshore at lower interest rates.
I think you'd find that they do YM, though not risk free.- s_t
- Post #56
- Forum: Property Finance
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Borrowing offshore at lower interest rates.
Joe, I didn't read your earlier post carefully enough - I get what your saying now. Dad does a fair bit of what your mentioning (carry trades), with Oanda too (he really likes Oanda...). I hadn't put the 2 togethor, but now that you point it out it is the same exposure as what grossreal is...- s_t
- Post #45
- Forum: Property Finance
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Borrowing offshore at lower interest rates.
That's not the opposite - that is adding to the size of the position - long AUD, short YEN. If you do want to hedge, you go short AUD and long YEN, but then you pay interest cancelling out the benefit of borrowing the yen in the first place. GrossReal, there was another thread not long ago...- s_t
- Post #41
- Forum: Property Finance