Matthias Knab, Opalesque: Hedge funds recorded their first monthly loss since March in July, as a sharp reversal in technology and AI-linked equities overwhelmed gains elsewhere in the industry.
The HFRI Fund Weighted Composite Index fell -1.1% for the month, according to data released by HFR, with...
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Featuring : AlternativeSoft's Laurent Favre on the Future of Fundraising: AI, Avatars, and a Click to Invest.
“In five years, all will be done with AI.”Raising capital is one of the biggest challenges for hedge fund managers, while discovering and analyzing promising small to mid-sized funds...
Currently: Cash Looking to: Buy @ 0.74792
As of 3/21/21 @ 9:08pm EST: 0.77161
LAST WEEK: We suggested buying at 0.74792 with stops on a close below 0.74500 with a selling target at 0.80516. Shorts were suggested at 0.81113 with stops on a close above 0.81250 and with the idea of holding for a while.
UPDATE: AUDUSD faded into the weekend on Friday and looks to us like it still needs to work its way down to 0.74792 before any real stabilization occurs in the short-term.
No changes to our trade recommendations from last week.