Portfolio Performance for 2017/08/11
|Profitable Positions (% of total):||25%|
|Daily Net Profit:||-0.06%|
Comments: The model moved back to holding a bearish JPY position at Friday's close. The model in general has hit its highest leverage point (above 2:1) this year, expressing a strong level of confidence. Given the geopolitical stress in the region (North Korea specifically) the model will need calmness to prevail. The other interesting position is in AUDCAD. This pair has been fluctuating either side of parity for a few years, so I would anticipate this position to not gain much attention.
The British Pound is long in the Portfolio, as is struggling to hold the 1.3000 level. UK economy is struggling and any news on Brexit has been met with negative market reaction. Given the weakness in the USD so far this month, cable doesn't appear to want to participate.
CURRENT CURRENCY EXPOSURE FORE 2017/08/14