Active Trades Update
Hi, Sequel to the previous Macro report and trades executed prior to the release, would like to provide some update on them.
Stopped out on CADJPY and GBPJPY trade, we had a repricing into the range alongside some slew of Commodity and DXY beta that supported the repricing.
Still holding FXY ETF long trade here, in a bit of drawdown, but my thesis hasn’t changed yet:
Aside these positions, I am still long on Utilities sector, added some Commodities (Silver) - I thought I had covered this in the previous macro update I shared, but I didn’t. I also think a look at DBB 0.00%↑ ETF should allow you gain exposure to the commodities beta.
That’s all.