This week the scorecard recommends buying CAD, NZD and AUD, while selling CHF, SEK and EUR. Last week’s signals resulted in a 0.1% loss. Especially the short CHF position was expensive. Year-to-date the scorecard model has generated a total loss of 8.8%. Please note that this week’s signals will run slightly longer than usual because of Easter Monday next week. Accordingly, next week’s signals will only be valid for four business days. Thus, next scorecard signals will be sent out 7 April.
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