The Australian Dollar ($A) suffered at the hands of the RBA Minutes yesterday and with the likes of copper struggling and the $US at the very least looking for a low another assault on 80c feels 50-50 at best but the heavyweight Euro still implies it has a chance hence we are staying long in our Global Macro ETF Portfolio, at least for now.
MM is becoming increasingly nervous that the $A will fail to break back above 80c
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