We are selling our Vanguard FTSE Europe ETF (VGK US) following its more than +10% bounce from its June low.
MM are selling VGK US in the Global Macro ETF Portfolio, taking a loss around $55.85
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We are buying the ProShares UltraShort Yen ETF (YCS US) following its 10% pullback on hopes of peak inflation.
MM are buying YCS US in the Global Macro ETF Portfolio, allocating 10% around $55.78
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