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Managed Futures
Opus Futures Macro Monitor Program - November 2023 Commentary
November 2023 - Managed Futures
Opus Futures Macro Monitor Program - November 2023 Commentary
A very difficult and frustrating month for our positions in November. Our short positions in the Euro and Pound were hit hard by the dovish pivot from Fed Chair Powell at the beginning of the month. While the month didn’t finish where we would like, I do take some comfort seeing that we posted a comeback in the second half of the month. While our FX positions were hit hard early, the good news is that our position in t