Disliked{quote} Theres one thing about Goldman Sachs.. Banks came out saying stuff AFTEr the move's happened... does anyone recall GBPUSD? when GBPUSD reached 1.49 Goldman and many banks came out predicting GBPUSD to reach 1.40 but what happened is GBPUSD rebounded for 600 pips.... my idea is that these banks come out to say its gona reach 1.45 and bull shit, just so they can get many retail traders to short it, then they flush them out as market reversed... Never trust the banksIgnored
I do remember this with GBP back in March I think. I think Morgan Stanley were predicting 1.35.
I think over the longer term and parity in interest rates will see the Aussie down at 0.80 but I don't see it until then. Aussie situation is fairly solid providing the Chinese don't collapse
Money never sleeps...