# Forex Carry Trade

Sells low-interest rate currencies and buys high-interest rate currencies to capture the interest rate spread.

Canonical: https://prismaticalgos.com/compendium/algo/937-forex-carry-trade
Record ID: 937
Catalog rank: 2166 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Carry, Swap & Fundamental (H)
Source: https://www.quantconnect.com/tutorials/strategy-library/forex-carry-trade
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: USDEUR, USDZAR, USDAUD, USDJPY, USDTRY, USDINR, USDCNY, USDMXN, USDCAD
- timeframes: D1
- sessions: Not specified
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- currency with the highest interest rates

## Recorded short-entry rules

- currency with the lowest interest rates

## Recorded exit rules

- rebalance monthly

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Not specified
- Take profit: Not specified
- Position sizing: Not specified