This week the scorecard recommends buying NOK, SEK and CAD while selling GBP, NOKand USD/SEK.
Last week's signals resulted in a 0.04% gain. The long positions in the three 'commodity currencies', AUD, NZD and CAD, were relatively expensive while the short JPY, GBP, NOK and SEK positions performed well and barely covered the losses on the long positions.
Year to date, the Scorecard model has generated a total profit of 4.1%.
Next scorecard signals will be sent out on 11 August.
To Read the Entire Report Please Click on the pdf File Below