Be careful shorters, carry trade strategies are back.
High yield currencies like AUD are favored by most hedge funds and banks now that volatility has considerably fallen.
Better be long AUD/XXX currencies and short XXX/AUD.
I'm flat at the moment but my medium term target for AU is 0.97 (SL 0.89).
High yield currencies like AUD are favored by most hedge funds and banks now that volatility has considerably fallen.
Better be long AUD/XXX currencies and short XXX/AUD.
I'm flat at the moment but my medium term target for AU is 0.97 (SL 0.89).