Internal Merrill Lynch memo on currency carry trade strategies

Internal Merrill Lynch memo on currency carry trade strategies The document is a routine financial research note discussing carry trade ideas and market expectations. It contains no references to high‑profile individuals, government agencies, or controversial actions, offering no actionable investigative leads. Key insights: Focus on USD‑neutral carry trades amid rising US rates; Suggested positions: short EUR/RUB, short SGD/INR, long PEN/CLP; Analysis of carry factor versus dollar factor in currency returns