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 Short Eur/aud

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fxpulsation




Posts : 8759
Join date : 2012-01-25

Short Eur/aud Empty
PostSubject: Short Eur/aud   Short Eur/aud Icon_minitimeMon Jul 02, 2012 11:42 am

Short Eur/aud


Quotes from Barclays Capital:
-Short EUR/AUD: Subdued euro area risk, easing by the ECB and the market pricing out future cuts following an on-hold decision by the RBA. We recommended buying a 1m EUR/AUD put spread (strikes: 1.2350 and 1.2130), cheapened through selling a 1m EUR/AUD call (strike: 1.2750).



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