Well a strong AUD is an inflation dampner. The market has gone long on the expectations that int rates may rise. If the CPI comes in lower the currency will be sold off. You are right the RBA has many levers to pull.

AUD/USD

RBA wont intervene to defend the currency level.Its never been their mandate.They may however sell to position themselves. They bought when the currency was under pressure from a disorderly market down in the low 60's, so 30 odd big figs later they ...

AUD/USD

Thats what I love to see everyone on a bull run except massive supply entered the market around the .94 70-90 level. That was meant to be the break out level at .9480. So have we got Techs caught long at the highs? We will need fresh new buyers ...

AUD/USD

Thats why everyone else is too ;-)

AUD/USD

Have you noticed that all seem to be playing from the short side? Alarm bells punters.. Alarm bells.. Need some negative news or there will be a slow grind upward to take out the shorts..

AUD/USD

AUD is going to parity and beyond. Sure things are more expensive in Australia but hey they are cheaper in Vietnam ( where those Nikesare made), so with a strong AUD and a holiday you can buy as many pairs for under $100 as you like ;-) Food and ...

AUD/USD

What the BOJ want is immediate effect. The yen was strengthening with speculators on the bandwagon. They are now out with cautionary steps to jump in again. Intervention plays mind games. One thing is for sure market will test or tease them again. ...

USD/JPY Discussion

Let the truth be known that when intervention or unanticipated events occur model trading is completely useless. Price gapping occurs, liquidity shrinks and some brokers have been know to turn off machines. Unless you are at the forefront of flows ...

The perfect trading system

Dunno, Who is to say your not going on holiday outside of the US ;-) Someone was saying that they are thinking about making online gambling and spreadbetting legal in the US. I suspect this falls under the same category. Prohibition doesnt work.. ...

CFTC Final Retail Forex Rules - 50:1 Leverage

Price is everything?? Hitting the correct side is everything !!

Price is everything

Big sellers out of Tokyo on this cross the past few days. Oz numbers took a bit of the sting out of them but they will be back. 76.20 negates. Dlr yen below 84.10 turns bearish which shud drag cross lower. Aud sellers above .9010 No mans here at ...

AUD/JPY

Margin Fx brokers arent brokers in the real sense. They are infact price makers. They make a spread and when the position will become large enough they hedge it. Quite simply they have a luxury of you dealing on their spreads.As all banks know ...

CFTC Final Retail Forex Rules - 50:1 Leverage

All spot forex traders have to trade against someone. Broker or bank. The reason why spot forex has been so successful is because there is no muppet regulator stuffing it up. If you have a problem with your broker change it.

CFTC Final Retail Forex Rules - 50:1 Leverage

url

CFTC Final Retail Forex Rules - 50:1 Leverage

There are times when leverage can be very effective.. It all depends on how you trade. As for the US regulations.. who really cares. There are work arounds.

CFTC Final Retail Forex Rules - 50:1 Leverage

Scenario: Say Im long 10 contracts. I want to keep 5 running and with the other 5 leave S/L and T/P. The only way to do this is leave a counter trade, a seperate opposing order. If that order is executed, I then have to sell my 5 long and close out ...

Broker Recommendation PLEASE!

wha sort of "professional trader" are you talking about? An Individual or a financial Insto?

Professional forex traders

For a new trader- stay clear of the ECN's for now. You will need a price maker with flexibility. I would also stay clear of a broker that has MT4 as its default.Its one of the worst platforms I have used. You need something that will allow you the ...

Broker Recommendation PLEASE!

Did you realise that the Thai baht has strengthened 27% against the Aussie dollar....... ? Traders are being quoted as saying "less bang for your buck"

AUD/USD

ODL have a good name

I'm looking for a broker that's safe with large deposits, and has good GJ Spreads