ITS ABOUT THE CASH NOTHING ELSE.
-
JP Morgan says the Aussie dollar's slide isn't over yet
After threatening to fall below 70 cents late last month, the Australian dollar has bounced against the greenback in November, helped in part by solid Australian employment data, hopes for trade resolution between the US and China, some softening in US interest rate expectations and, given stretched short positioning that had built up to the highest levels in several years, short covering from some investors. Many are now wondering whether the bounce from .7020 in late October was the low-point for the AUD/USD in the current cycle? To JP Morgan, the answer to that question is no. According to the bank’s Australian ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Nov 21, 2018 7:17pm Nov 21, 2018 7:17pm
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
- Comment #2
- Quote
- Nov 21, 2018 8:14pm Nov 21, 2018 8:14pm
- gezis
- | Joined Dec 2014 | Status: Member | 19 Comments
- Comment #3
- Quote
- Nov 21, 2018 8:23pm Nov 21, 2018 8:23pm
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.
- Comment #4
- Quote
- Nov 21, 2018 9:30pm Nov 21, 2018 9:30pm
- gezis
- | Joined Dec 2014 | Status: Member | 19 Comments
- Comment #5
- Quote
- Nov 21, 2018 10:30pm Nov 21, 2018 10:30pm
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.
- Comment #6
- Quote
- Nov 21, 2018 11:52pm Nov 21, 2018 11:52pm
- Guest
- | IP XX.XXX.197.175