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- FortuneRider commented Dec 7, 2016
These imports may not come from Australia. Most of China's imports come from Japan, South Korea, various other Asian countries, the United States and Germany.
- FortuneRider commented Jun 9, 2015
I can't tell the current price right now with the target Steven wants at 0.7500 will make any impact to the Australia economy.
- FortuneRider commented May 7, 2015
The market is moving towards risk aversion in the next couple of days.
- FortuneRider commented May 4, 2015
Frankly, I don't see the RBA will do a further cut on this meeting.
- FortuneRider commented Apr 22, 2015
This comes with a poor China HSBC Flash Manufacturing PMI, Aussie looking to head to 0.7650
- FortuneRider commented Apr 19, 2015
There is no absolute in forex. The cutting of reserve ratio from China may temporary boost Aussie and eventually fade off. Greece is on target board this week.
- FortuneRider commented Mar 16, 2015
HSBC Flash Manufacturing PMI was revised from 50.1 t o50.7
- FortuneRider commented Mar 1, 2015
Market in mixed mode......it is whether the bear tougher or the bull.
- FortuneRider commented Feb 25, 2015
A high possible rate cut is on the table next Tuesday.
- FortuneRider commented Feb 24, 2015
url Forecfactory 3rd March Cast Rate Forecast 2.00% Just 2 cents......
- FortuneRider commented Feb 24, 2015
A rate cut is on the table next week. Beware of bull trap.
- FortuneRider commented Jan 15, 2015
Volatility is the best opportunity for risk taker.
- FortuneRider commented Jan 15, 2015
Not only IMF, the whole market was screwed by Mr. Thomas Jordan......
- FortuneRider commented Feb 19, 2014
The best currency to buy in times of uncertainties is YEN.
- FortuneRider commented Nov 10, 2013
The raise in housing finance is because of the low interest rate. Australia housing will get heat up if the interest rate get lower, that's for sure.
- FortuneRider commented Oct 6, 2013
We will likely see risk aversion this week with the debt ceiling deadline approaching nearer.
- FortuneRider commented Oct 4, 2013
If there is room for negotiation why shut down ? Wake up and face the fact.
- FortuneRider commented Oct 1, 2013
This shutdown have brought much opportunity for the investors. We can't buy USD, as tapering seems impossible thoughout this year. We can't buy Yen, as the sales tax hike may force BOJ to ease their monetary policy further in the coming months. ...
- FortuneRider commented Oct 1, 2013
Bullish tone....buy
- FortuneRider commented Oct 1, 2013
FED will not taper. Furthermore more stimulus to be added is possible.