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The current spot rate at 1.0434 is lower than the high reached on 26 March at 1.0495.  At the current spot rate, we have an unrealized trading profit of 69bps, not bad, however, we still have time before the option expires in two weeks time.

With all the uncertainly in the United States and Europe, I believe AUD will end up being the safe haven currency, therefore, it should benefit from further upside.

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