Natixis - Stop loss on long brl – short cop trade recommendation

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Natixis

Benito Berber

Stop loss on long brl – short cop trade recommendation

On Feb 22nd, we published a long BRL-short COP strategy recommendation. On March 2nd we were stopped out. Therefore, we lost 3.3% on the trade . The main reason why the trade didn’t work was the appreciation of the COP on the back of an extraordinary up-move in oil prices. The Russia-Ukraine conflict pushed up oil prices to a 14-year high .

07/03/2022 1 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Benito Berber

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Stop loss on long brl – short cop trade recommendation

Fine-tuning our Fed Call: No need to skip October

Labor market treads water in a choppy sea

Euro area April flash inflation: core inflation unexpectedly rose in April

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