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  • Aussie Dollar Traders Should Be Wary Of The RBA Minutes This Morning

    From businessinsider.com.au

    The minutes from the RBA Board meeting earlier this month will be released at 11.30am AEDT and Annette Beacher, TD Securities’ Asia Pacific Head of Research, reckons this set of minutes might not be as “redundant” as usual. As a result, she has issued Aussie dollar traders with a “heads up” for a binary impact on the Aussie dollar where it is either going to move sharply higher or lower. Given the board meeting lasts for hours, it would be impossible not to discuss the level of the AUD, although nothing concrete made it into the February board communiqué. However, here is a golden opportunity for the RBA ... (full story)

Thanks for the warning. The Aud will go up or down but don't know which way. I already knew that. Do you get paid for this.
Thanks Russell412....Going to move Sharply Higher or Lower.....Do they get paid for this.....Pundits are mostly gamblers with no defined market direction.....
Life is What You Make It
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Now I am no pundit. I am a trader and price action suggests to me AUDUSD will be shooting higher and be targeting 0.9300/0.9330 resistance layer where I will also be looking to go bang short. Pundits are pundit. This pair could do this or do that but they never have an opinion if it MAY go up or go down. IF they ever do, they bury it in confused high falutin and pretentious sentences!! I am bullish on the AUD especially vs the USD and the yen.
Maybe the RBA will throw frx trader a bone tonight.
Quoting PA is King
Maybe the RBA will throw frx trader a bone tonight.
Yeah, because that's what the RBA does. They look out for the little weasel in all of us, the guy sitting in his living room in his underwear buying and selling the tiniest lots on 100:1 margin.
Quoting Russell412
Thanks for the warning. The Aud will go up or down but don't know which way. I already knew that. Do you get paid for this.
dead right ,do you ever get the feeling we'r in the wrong job
Quoting retsonbiz
Pundits are mostly gamblers with no defined market direction.....
Nope... pundits are only writers. To class them as gamblers would infer that they they have some skills as well... quite silly really.
In the days of old when sailors were bold, and seldom if ever contented.
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I think u are right on , us down, aus to go up, we will see after 10:30 this morning when RBA minutes are released..
You must be from Queensland, news out north of the border at 10:30am and south of the border at 11:30am
Difinitely the aus dollar will go either up or down after their meeting....
Well it did go down and it did go up
down will be the target . if the AU whan to go up need to go down first.....
Almost hit .9100 last night... .9080 isn't too bad. For me personally, I still need to see price get below .8900 to form a lower low then I can start thinking about selling any rally/pullback higher. Right now, it seems like just a pullback to possibly buy back into the recent uptrend...but I will say, I'm not a fan of the triple top around .9060 area, so caution will be used.
I think you meant punters taking a punt.

Quoting retsonbiz
Thanks Russell412....Going to move Sharply Higher or Lower.....Do they get paid for this.....Pundits are mostly gamblers with no defined market direction.....
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