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April 19 2016

Commentary by David Fuller

My personal portfolio

A slightly in-the-money stop triggered

My EUR/USD Forward short was stopped out at 11420 this morning, against my short sale at 11435.3 on 5^th April. These prices include all spread-bet dealing costs. I am unlikely to reopen this trade near the upper side of its current range, even though I believe Mario Draghi would like a softer Euro, because the overall pattern looks too firm.

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