Abstract

With recent price movement in the euro and yen, the ability of currency-based trading advisors to obtain positive rates of return is of interest to the traditional and alternative investment areas. In this issue9s trading strategy forum, two systematic currency specialists, Jerome Abernathy and Henry Green provide readers with a clearer and more informed understanding of the investment potential for currency trading in general and their own firms9 particular approaches to capturing the return/risk tradeoffs within the currency market.

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