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- lasty replied Jun 8, 2011
Yes if you take away what market expectations were then those figures look fine.. however its below market expectations and the weaker trend that maybe developing that has market spooked which in affect is rate rise less likely..
AUD/USD
- lasty replied Jun 8, 2011
ummm.. its not for the feint hearted.. Fundmentally though AUD is slowing and NZD is growing.. Keep your positions small - you will get great moves on it - it elasticates alot.
AUD/USD
- lasty replied Jun 8, 2011
AUD suffering from unemployment data.. Its another piece to the jigsaw that all is not well downunder. Still expect buyers for the yield but where the most mileage will be from the short side is on the crosses Short AUD Vs NZD,EUR,JPY.. good luck
AUD/USD
- lasty replied Jun 8, 2011
Aussie crosses off their lows as the infamous Asian square up rears its head before the might of Europe. AUD/JPY AUD/EUR and AUD/GBP been the standouts.. and AUD/NZD lagging.. Suspect that this trend hasnt finished yet.. With regards to the housing ...
AUD/USD
- lasty replied Jun 7, 2011
AUD under pressure via cross selling both EUR and Yen. Tricky times ahead for the straight USD players.
AUD/USD
- lasty replied Jun 7, 2011
Aussie continues to lose ground on the cross rates. Domestic issues plague uncertainty with AUD as many international pundits only focus on the yield. The dealers in the interest rate market have turned and the chances of a rate rise this year are ...
AUD/USD
- lasty replied Jun 7, 2011
Well I beg to differ.. AUD/NZD has been up to mid 1.37's dow to 1.3200 up to 1.3700 down to 1.2900 up to 1.3180 and now extending lower. NZ economy is on the rise, Aussie on the slide.. Could possibly see this cross back to 1.2770 or 1.2600 But ...
AUD/USD
- lasty replied Jun 7, 2011
We are still stuck in a broad range 1.0500 1.0775. so perhaps your strategy of playing the range is right for the moment. Im looking at the crosses as im bearish USD so running naked AUD is not the good option. Prefer selling AUD/NZD on the short.
AUD/USD
- lasty replied Jun 6, 2011
Aussie getting smacked after the no rate changed. Losing against Eur GBP and our country cousins NZD. Infact AUD/NZD dropped by 100pips.. As many are looking to buy AUD for the yield,the economy locally seems jaded despite what many economists ...
AUD/USD
- lasty replied Jun 5, 2011
Once again bad economic numbers are presenting themselves danger for Australia. I dont see this to be the standout performer like previous months, instead it will now lag and lose against certain cross rates. Obviously the measurement is always ...
AUD/USD
- lasty replied Jun 5, 2011
Aussie approaching a critical resistance point @ 1.0750. No doubt this will be tested as the US dollar looks shakey once more. Euro looks bid to old boots as it discards the debt crisis. Aussie will therefore be dragged up in its wake.. AUD/NZD has ...
AUD/USD
- lasty replied Jun 1, 2011
Call me a denier but the jump in retail numbers is astounding. When I hear of retailers doing it tough, department stores eg. url types of stories and the savings rates going through the roof.. somebodies telling porkies. You cant spend and save ...
AUDUSD for informed traders
- lasty replied Jun 1, 2011
Another set of numbers for Australia out today. Trade and retail. Treasurer Swan blames GDP fall on Floods & Cyclones and expects a rebound in 2nd qtr. Well that all depends on the global economy Mr.Swan. However todays numbers should give us a ...
AUDUSD for informed traders
- lasty replied May 31, 2011
Boom.. Market goes in short AUD expecting the worse and pays the price.. AUD Cross's are well bid atm.. more of a blow out maybe seen.
AUDUSD for informed traders
- lasty replied May 31, 2011
A suite of numbers out today. Kiwi overseas trade index.. Aussie manufacturing index China PMI and then Aussie GDP.. Its a lottery... and trying to work out the pyschology of how the market is placed will do your head in. AUD/NZD still dictates and ...
AUDUSD for informed traders
- lasty replied May 30, 2011
Another day another bad set of numbers for Australia. Despite breaking up through resistance I just cant lend myself to buy it. Meanwhile across the ditch NZ is powering ahead. AUD/NZD has fallen below 1.3000 albeit briefly. I think we are in for ...
AUDUSD for informed traders
- lasty replied May 29, 2011
AUD/NZD driving this market.. With positive signs coming out of NZD expect more flows going in. resistance on NZD .8220 and breakout has technical target at .8350-.8400 1.0720 proving a temp stumbling block on AUD/USD.. AUD/NZD 1.3050 broken next ...
AUDUSD for informed traders
- lasty replied May 26, 2011
Im surprised that AUD breach of 1.0620 hasnt gone on with it. Perhaps people are wising up to the fact that Australia's gloss is starting to lose its sheen? Reports like this; url start popping up which the overseas investors may not be aware of. ...
AUDUSD for informed traders
- lasty replied May 25, 2011
Just to add watch AUD/NZD cross.. Unwinding of Long AUD Short NZD positions could spark further sell off towards 1.3000
AUDUSD for informed traders