Multi Currency Shift


Jyske Global Asset Management sent this note about a recent multi currency shift in their managed forex portfolios:

Stop loss on EUR/NZD

Dear Client,

On 10 November 2011 we recommended advisory clients to sell EUR and buy New Zealand dollars (NZD).

Our protective stop loss order on the short euro (EUR) and long New Zealand dollar (NZD) position has been executed and we have taken an unleveraged loss of 3.22% (1.7425 – 1.7987).

See how to get multi currency updates quickly when you follow my tweets.

Gary


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