Macro D is back with another quick-fire trade corner piece, this time on the Australian Dollar, following this night’s RBA meeting, where they cut rates. Yesterday’s piece on the EUR below
Trade Corner
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Below are quick thoughts and trade ideas from Macro D on the EUR. The anticipated peace talks and the open confrontation over the weekend make the outlook and probability of any resolution in the near term less probable. On today’s US holidays, European bonds are suffering; maybe it's just the illiquid market environment, or maybe it's some anticipation of further military spending. How to play it?
Let’s explore.