SocGen Touts AUD/USD Calendar Put

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SocGen Touts AUD/USD Calendar Put

Investors should play a calendar put spread strategy on the Australian dollar against the U.S. dollar, buying one times six-month AUD/USD put with a strike of 1.01 and selling two times three-month puts with a 0.97 strike, according to a strategist at Société Générale.

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