My maths entered me at 1.0574 for a short and looks like a bit of momentum building for a push south
Closed short for +49 pips. Currant account and interest rate decisions due today. have an open order for another short at 1.0488 should this fall below this level.
Closed short for +49 pips. Currant account and interest rate decisions due today. have an open order for another short at 1.0488 should this fall below this level.
I have a fair bit of USD I want to change to AUD shortly. Any idea when is a good time to do it? Don't need to use the money immediately... but it is sitting there on 0% interest vs around 5% in Oz.
Perplexed as to why the aus dollar dropped against the green back after last nights stimulus announcement.... The dow and S&P500 dropped yet the USD rose I would have thought the aussie dollar would be better off comparatively
What country can print money and increase the value of their currency...
Perplexed as to why the aus dollar dropped against the green back after last nights stimulus announcement.... The dow and S&P500 dropped yet the USD rose I would have thought the aussie dollar would be better off comparatively
What country can print money and increase the value of their currency...
Am I overlooking the obvious?
Did they print money though? I thought they just rolled over ST maturing debt and bought LT debt?
They are just keeping rates lower for longer arent they?
hi peat , got stopped at breakeven but still like the short side , 1.0750 should prove resilient, im short from 1.0730 and looking to add if we get some momentum.
i cant quite believe it as well, 25 base rate cut by the rba next week with another 100 in the pipeline and we get vertical takeoff .???
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