Waking up to find you made money in your sleep is always nice,some surprisingly nice moves this week,thought it may have been a bit more mental,having another bite of usd/jpy,long on this U.
I can't believe I was going to go long on this a few days ago. 5 years of reading about the china boom and high commodity prices are playing with my TA.
Is this major trend change in the AUD pointing to a hard landing for the BRIC nations?
Disclaimer: Do not take my posts seriously. They are only opinions.
said it will convert US$500m of its US$700m term credit facility to Australian dollars, the currency in which it expects most future funding requirements from the facility to be incurred.
I guess thats chicken feed in the big scheme of things
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