Trade #1: The Aussie JuggernautThe headline trade is a long AUD basket launched at 100.0 on October 29th, targeting 105.00 with stops now at breakeven. But even if Governor Bullock disappoints the hawks and talks down further hikes, Westpac sees limited downside risk. Trade #2: The Dollar ShortThe broader play is a short USD basket, initiated December 11th at 100.0, also targeting 105 with stops at entry. But Westpac sees this as noise. Westpac nailed the January dip to 0.5711, and those who followed their original buy recommendation are sitting on 6% gains.