With action in both Metals and Currencies this year, Pete comes to the table with a pairs trade that allows for non-traditional diversification.
As the dollar continues to strengthen this year, Gold (/GC), Euro (/6E) and Yen (/6J) have all been weaker on the year.
Rather than an outright play in any of these futures, is there a way we can pair them up to extend duration and reduce risk?
Pete and Katie walk through looking at Gold in Non-Dollar terms. Tune in as they walk through each product's price activity, pairs extremes, and how to set up & futures trades using these underlyings!