I have shared this trade idea couple of day ago and while back then it was a technical trade, given the turbulence in the Liberal party in Australia and potential early election as early as October, this will weight on the Aussie and trigger a sell off.
Jerome Powell is expected to stay independent and will most likely brush off recent comments from president Trump. FOMC meeting minutes overnight carried a hawkish tone as long as the economy stays on the track. I expect the continuation of this trade and getting closer to our target as early as mid next week.
This is the idea from couple of days ago.
Jerome Powell is expected to stay independent and will most likely brush off recent comments from president Trump. FOMC meeting minutes overnight carried a hawkish tone as long as the economy stays on the track. I expect the continuation of this trade and getting closer to our target as early as mid next week.
This is the idea from couple of days ago.