Correlation between pairs.

[amedhussaini]

Looking into the carry strategy as a way to diversify and add a long-term position to my portfolio. I'm looking for pairs that are "positive carry" and the correlation between them. Anyone have any ideas on a basket that is net-positive carry with directional movement minimized?

cheers.

 

[cabletrader]

This might be useful http://www.mataf.net/en/forex/trading/correlation/table/

Quite a few respected currency strategists are saying the carry trade will not perform well this year, but they have been known to be wrong in the past