Cashing in on Canada. Friday we went long the Loonie.
Since July 1st we have been short the Canadian Dollar (fondly known as the Loonie). This trade has been our profitable friend but it has now come to an end and the winnings are now in the bank. As of Friday we are long the currency with 8% of our portfolio, making it our third largest position in the book. Our flipping of the Canadian currency came during a landmark week for the Great White North, which saw Justin Trudeau replace Stephen Harper at the helm. Read more... (VIEW LINK)
Running the Aimed Global Alpha - Macro Hedge Fund. Aussie. Trader. Investor. Coder. Cricketer. Skier. Surfer. Flyer. www.aimedcapital.com
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