May 2022 Net Returns

Please find attached our net returns for May 2022.

As our investors know we turned most of our strategies off at the end of April as markets were showing signs of becoming unstable.  Large news events, interest rates, inflation, war etc – the market was trying to swallow all of it at the same time.  At the start of May currency pairs were setting records for good or bad reasons.  For example, USDJPY hit a high that was last recorded 20 years ago.

Due to turning off our strategies the returns were minimal this month.

We took this time to revisit our strategies and how we see the market going forward for the rest of the year.  Some strategies have remained the same whilst others have been changed or dropped altogether.  Head to our website and the updates page which provides further details.

With the updates to our strategies, it will mean if they are caught unexpected by large movements, they will handle it.  But if the markets become too volatile, we have the option to turn the strategies off and just wait.

Any queries, please do not hesitate to reach out.

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.