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Vorex replied Mar 4, 2015When the Euro started going down from 1.1164, the Aussie only went down 10 pips & then started going the other way, why? usually when the Euro goes down, the US dollar goes up & the US dollar goes up against the aussie as well.
AUD/USD
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Vorex commented Mar 3, 2015As if ASIC will find anything.
Australian Treasurer Concerned Aussie Spiked Before RBA Rate Announcement
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Vorex commented Mar 3, 2015In the first few seconds the Aussie was going south, then it rallied, was everyone confused like I was?
Australian National Accounts: National Income, Expenditure and Product
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Vorex commented Mar 3, 2015When the forecast is not met, usually the currency goes south even though if it beats previous month's figures, they use this excuse that forecast wasn't met according to the experts.
Australian National Accounts: National Income, Expenditure and Product
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Vorex commented Mar 3, 2015forecat was 0.7%, actual is 0.5%, why is the Aussie rallying?
Australian National Accounts: National Income, Expenditure and Product
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Vorex commented Mar 3, 2015You can use the word "fucking" on this site? that's fucking great.
Spain: The number of registered unemployed stood at 4,512,153 persons
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Vorex replied Mar 2, 2015I don't think there will be a rate cut, they will leave it for next month, a rate cut will create a housing bubble. Australian dollar is going to go up to 0.79 US cents.
AUD/USD
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Vorex commented Mar 2, 2015I don't think there will be a rate cut, it will create a housing bubble, already houses are massively over valued, I think there will be a no cut & AUD will jump to .79 US cents.
Australia Building Approvals
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Vorex commented Mar 1, 2015This news didn't help the AU that much, it's currently down to .7779
China manufacturing: Operating conditions improve for the first time in four months
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Vorex replied Mar 1, 2015AUD didn't go that high during opening, China isn't doing good which means less buying of iron ore from Australia. Also there is the possibility of a rate cut tomorrow.
AUD/USD
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Vorex commented Mar 1, 2015The Aussie will go up temporary then go south, especially since there is a 50% change of a rate cut on Tuesday.
China Steps Up Easing With Second Rate Cut in Three Months