Long EUR Short USD. Our new relative value trade.
We have been bearish the Euro for the majority of 2015, which has unfolded in to being a huge attribution to the portfolio's success for the year. Today we have covered our short and gone long the Euro versus the U.S Dollar, thanks to our combined expectations of GDP and CPI for 2016 showing relative economic strength in the Eurozone compared to the U.S is on its way. Our leading indicator is now pointing higher and a positive trend has been signaled. As can be seen in our chart below. Read more... (VIEW LINK)