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Tuesday, May 1, 2012

'No Free Lunch' In Forex Trends Despite 10% Returns - Wall Street Journal


'No Free Lunch' In Forex Trends Despite 10% Returns
Wall Street Journal
By KATIE MARTIN LONDON (Dow Jones)--When investing in currencies, the trend really is your friend, according to a new academic study which found so-called momentum strategies yield striking excess returns of up to 10% a year. The study, to be published ...

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