My personal portfolio
AUD/JPY long futures position increased
David Fuller's view Using today's setback as a buying opportunity, I doubled up my AUD/JPY (weekly & daily) long, paying ¥85.03 for another September contract, including spread-bet dealing costs. The main risk with this trade, as I see it, is that a further reaction could occur before the uptrend is extended. Meanwhile, the interest rate differential continues to work in my favour.