About meThe Prometheus Global Macro Fund CIO; politically minded, freethinker, reader, writer, behavioralist, stoic.
A multidisciplinary behavioural approach to global macro trading. Focusing on currencies, commodities, rates, L/S single stocks and their vol
As the geopolitical Venn diagram begins to heat up, with Erdogan arresting Kurdish politicians. A loss of confidence in the currency may follow. Further, Sterling is a worthy pair given it represents value on various measures.
Annual yield on INR is roughly 6%, so, INR is attractive on a trade-weighted basis if one can time it well, especially given a low carry/vol ratio. Evidently, the weekly trendline is being tested providing a reasonable argument for entry.