Schrodingers_cat

market neutral hedge

Short
FX_IDC:TRYHUF   TURKISH LIRA / HUNGARIAN FORINT
TRYHUF is performing stronger among the G10 currencies against the Turkish Lira,
as Turkish trade deficit has widened, CBRT has led hawkish regimes on the Lira with
interest rates currently at 17.75% attracting large investment capital on foreign
exchange. Perhaps with this decision concurrent with a weakening of HUFUSD
within the past couple of months has led to an over-performing TRYHUF.
My bias is short in the month of July for this pair.


//Interest Rates TRYHUF
tradingeconomics.com...turkey/interest-rate
tradingeconomics.com...ungary/interest-rate

//Inflation Rate TRYHUF
tradingeconomics.com...turkey/inflation-cpi
tradingeconomics.com...ungary/inflation-cpi

//Balance Of Trade
tradingeconomics.com...key/balance-of-trade
tradingeconomics.com...ary/balance-of-trade

//Current Account To Gross Domestic Product
tradingeconomics.com...rrent-account-to-gdp
tradingeconomics.com...rrent-account-to-gdp

//Employment
tradingeconomics.com...ey/unemployment-rate
tradingeconomics.com...ry/unemployment-rate

//GDP
tradingeconomics.com/turkey/gdp-growth
tradingeconomics.com/hungary/gdp-growth
Trade closed: target reached
Comment:
Profit

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