The Australian Dollar continues to see deterioration in the local currency as it experiences pressure from easing monetary stimulus and the prospect of future QE. We anticipate flow on effects including slowing growth and consumer spending subsequent to the bushfire crisis.
- We have added additional put exposure to both our macro and directional portfolios to the final leg to our macro swing target of 0.65xxx
- Liquidity bloc on break should provide additional selling opportunities
- +5.70% swing play on offer to buyside floor
- We have added additional put exposure to both our macro and directional portfolios to the final leg to our macro swing target of 0.65xxx
- Liquidity bloc on break should provide additional selling opportunities
- +5.70% swing play on offer to buyside floor