Euro will be next to come under pressure. Some crosses have been hammered and we may have seen some averaging but they will unwind. Risk off big time and what's going on in Europe that ain't a safe place to park.

AUD @.7357 The fundamentals are starting to come through the cracks and the big one is housing. I was around when we saw a big downturn in the property market back in 1989. It was ugly and with it took small businesses. url This time it could be ...

url Interest rates will be going one way and thats down and the RBA are aware the banks hiking rates will be detrimental to the economy.

Big oil funds are unwinding longs ... Wait for the big flush out as I think there might be more to come

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Nothing that makes me more happy than an Aussie bad news story. url Its going to hit and hit hard

AUD @.7190 url

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EUR/GBP .8817 The big news coming from the Brexit is that May has tied up the financial sector. Eur/GBP should tank on this as there was a cloud over City jobs.. Of course the only one who will be upset is Sadiq Khan the mayor who hates the ...

AUD @.7104 .7040-60 support area becoming a problem for the bears but patience is the key especially when you see articles like this url Australia hasn't had a recession since 1991 and there are generations who haven't experienced a downturn. I ...

AUD @.7077 Looks like we will have another crack at that strong support level .7040-60 again. Fundamentals point south but we are in the hands of the US dollars momentum. If you look around the globe there isn't much else to put your money into but ...

Aud @ .7108 so the property market clearance is sub 50% now. The first home buyers are now in Negative equity.. which means they paid more for what the house is now worth. In Australia you cant just walk away from the debt like in other countries .. ...

url Its achieved nothing but taxing the crap out of NZ'ers. This currency should be alot lower heading towards .50's

some call me a perma bear I do actually buy it when I see some positives come out of the place but so far I don't see any.

Aud @ .7108 Unemployment out today .. who knows .. its a lottery the way they calculate it anyway . On the political scene in Australia its a real mess with the current govt. we have the bi election on saturday which can throw the govt into chaos. ...

AUD @.7140 Range bound so it seems but on Saturday there is a Bi-election. This was triggered by the PM being ousted and he left the seat in his electorate. Normally this seat is quite conservative one of the current govt safest seats. The latest ...

AUD @.7060 Back to the support zone as equities turned nasty . If the equity markets continue the rout then the flight to safety prevails and we will soon see an acceleration to the downside. At the moment headlines are calling it "Armageddon" .. I ...

All good .. Im longer term positioned.. Good luck with the trade ..

AUD @ .7105 It seems to be forming a base around .7040/50 zone and shorts took profit I think the US dollar will continue its trend higher so patience is the key before we break through 70 cents

url These guys are the life blood of NZ .. Not very good