DislikedSaxon is technically right though, in that higher rates are used to curb borrowing, why else do it?Ignored
i.e. "keep the consumer credit economy going".
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedSaxon is technically right though, in that higher rates are used to curb borrowing, why else do it?Ignored
DislikedI'm confused why any country would have an 'inflation' target, or why Japan is 'fighting' deflation. I love deflation. What's wrong with deflation?! I want things cheaper. Tired of the baby boomers that buy houses for 30k now living in house worth Millions. I want that same house for 30k.
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Dislikednothing wrong with deflation but if the economy can't pick up that's not good because no one will have jobs to buy things. They are keeping rates very low but it's not stimulating the economy is the problem. basically not enough demand.Ignored
DislikedI'm out of AUD until news. I am playing USD/CHF right now and doing pretty good. AUD/USD busted out of it's M15 and M30 Bol Squeeze and is past K Channels. H1 AUD is at 0.00 (20)CCI, so it is Literally on the fence. If CCI dips below 0.0o0 then up, my long will enter; I have no short setups right now. Also, AUD is smack in the middle of my GANN/FIB box and between an H1 0.00 and 23.6 FIBO, giving me no direction. Good luck on the trades though erikte, if I was any position right now, it would be micro long.Ignored
Dislikedahhhhggg!!! u almost gave me a heart atack...forex trader rules...you dont use the word pla***g...!!!
im standing by 1 more hour and we will see the rates for aud so maybe good chance to short if stays the same...or sell at the spike. what you guys will do?
good luck!Ignored
DislikedTo import inflation from the US, mostly.
i.e. "keep the consumer credit economy going".Ignored
Disliked
That's the problem with "economically correct", it has no basis in reality. Otherwise you should be able to provide at least one reference or example for your claims.
Same reason my father (who is a professor in macroeconomics) and me argued all from 2007-2008 before Bear Sterns crash I was convinced the end was coming to him it wasn't "economically correct" to buy gold and USD. An inflation adjusted Dow:Gold chart or the Gold:Oil ratio means nothing to an economist.
In the end, he had to stand up in front of his class of postgraduate...Ignored
DislikedYou're way off the topic here. I was answering a Fundamental Economic Question for Erikid. I am not saying Policy Makers are always right, nor am I saying that the policy decisions that they make, "economically" reflect in the economy. However, stating that you predicted the market collapse is putting your intelligence on a very high mark, one that I find hard to believe.Ignored
DislikedYou would be right, except if that were the only reason then our policy rate would be substantially lower. It is probably a factor. But if it were important then wecould have OCR at 2% and still have plenty of inflows because the rate would still be higher than other countries.Ignored
Dislikedahhhhggg!!! u almost gave me a heart atack...forex trader rules...you dont use the word pla***g...!!!
im standing by 1 more hour and we will see the rates for aud so maybe good chance to short if stays the same...or sell at the spike. what you guys will do?
good luck!Ignored
DislikedI already highlighted the other reason: we are a commodity export economy.
Look.
If you want to pay the people working in mines and factories in AUD, above the AUD minimum wage (and we pay these people way way above min.) then expect an inflation target.Ignored
DislikedYou're way off the topic here. I was answering a Fundamental Economic Question for Erikid. I am not saying Policy Makers are always right, nor am I saying that the policy decisions that they make, "economically" reflect in the economy. However, stating that you predicted the market collapse is putting your intelligence on a very high mark, one that I find hard to believe.Ignored
DislikedWhatever mate, I'll bother replying again when you post a single fact to back your statements.
Maybe you need to read Statement on the Conduct of Monetary Policy released in 1996 by the then RBA Governor joint with Federal Treasury, as well as MEASURES OF INFLATION AND INFLATION TARGETING IN AUSTRALIA by Lynne Cockerell of the RBA before you try to "answer Fundamental Economic Questions"...Ignored
DislikedWhatever mate, I'll bother replying again when you post a single fact to back your statements.
Maybe you need to read Statement on the Conduct of Monetary Policy released in 1996 by the then RBA Governor joint with Federal Treasury, as well as MEASURES OF INFLATION AND INFLATION TARGETING IN AUSTRALIA by Lynne Cockerell of the RBA before you try to "answer Fundamental Economic Questions"...Ignored