The main currency in the Carry Trade is Yen, because at that time the interest rate of Yen was very low. And many operations of Carry Trade were marked by AUD and NZD.

当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。

youdao

Then the currency engaged in carry trade most was Yen for its interest rate was very low. And many carry trade's targets were Australia dollar and New Zealand dollar.

当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。

youdao

The currency used for the carry trade at that time was mainly the Yen because of its low interest rate, and the objects for many carry trades were AUD and NZD.

当时进行套利交易的货币主要是日元，因为当时日元的利率很低，有很多套利交易的标的是澳大利亚元和新西兰元。

youdao

GPs will be unwilling to rush to sell those investments at a loss or below their carry hurdle rate.

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