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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