DislikedI don't think many people realize here the paradigm shift that just occurred with the discount rate hike. The Fed's message is clear, you just need to tune in to hear it! Add to that the fact that AUD is a cowardly currency; it never leads, always follows (the stock market). Just watch what always happens to it when US futures are deep in the red, speaking of which - the monetary tightening has started, but the market is yet to price it in.
Good luck to longs, you're gonna need it.Ignored
Never underestimate an idiot.