Either way, the trend is towards a narrowing of interest-rate differentials, making the carry trade less profitable.

不管怎样，趋势是减小利率差异，使得利差交易获利更少。

youdao

In the past week or so, Japanese individuals have significantly increased foreign exchange margin trading to buy dollars and sell yen to take advantage of the interest rate differentials.

在过去一周左右的时间里，日本个人投资者买进美元、卖出日元的外汇保证金交易明显增加，以利用这两种货币之间的利差获利。

youdao

In the absence of much economic data today the markets will concentrate on news coming out of the wires and interest rate differentials.

在没有多少经济数据的背景下，今天市场将聚焦媒体消息以及利差。

youdao

Because of narrowing interest rate differentials, concerns about the world economic outlook and the possibility of intervention.

FORBES: Say Yes to the Yen

There's a lot more to quantitative investing than magic formulas and leveraged bets on teeny interest-rate differentials.

FORBES: Revenge of The Nerds

Even with global risk sentiment becoming less of an issue, dollar and yen rate differentials are expected to favor the greenback.

FORBES: Aso Short Yen-Nope, That's The Problem