Vladimir Senkov

Barclays Launches a Carry-Trade Currency ETN

I found it interesting to know that the ETN is long on the yen. This is what most carry traders where short on for quite some time now. I think this one might have a chance when yen continues to appreciate due to . . . carry trade continuing to unwind. I'd also like to believe that USD will eventually bounce, but i'm afraid 3-6 months is far too optimistic. Perhaps in a year or two. There must be a bounce, eventually. Question is, from where? from 2 USD per euro, bounce back to 1.9?