Economists question accuracy of data re unemployment rate! I smell a rat with this data: url

RBA is known for surprises and they know that a rate cut is needed. BUT, the budget comes out in a couple of weeks, so they might wait until after the dust settles.

Halcyon days for the $A are over - Shane Oliver, AMP chief economist url

There are no real fundamentals holding it up and it has overshot. When currencies fall, it is usually faster than when they rise.

Check out url Surprise rate cut coming in April? The RBA has a habit of springing surprises. They know that the high Aussie currency is not based on fundamentals and is strangling the economy ...

Agreed. China is slowing down and their housing bubble is popping with much worse to come. However, there is a gap in the AUDUSD today which will be filled shortly and then the currency pair will head quickly down to 1.01 or lower. Certainly 0.98 ...

With more and more slowing down of China, their housing bubble about to blow etc, AUD isn't going to head up much further. Unfortunately, like the stock markets, it is a case of 'irrational exubarence' as they say. Also, the RBA has a habit of ...

I traded the AUDUSD gap today for a nice profit I am watching for the 'London bounce' tonight to see if it falls or is ranging. I have no doubt that in the medium term it will fall to parity or lower.

url Seems like AUD will slide even if the RBA decides not to cut rates. Also watch for a GBPAUD rebound as it seems oversold.

url Seems like AUD will slide even if the RBA decides not to cut rates. Also watch for a GBPAUD rebound as it seems oversold.

Which currency pair's R2 is 10.817?

Question: do you mean that it should rebound to at least the 122.050 level fairly quickly?

AUD more-or-less follows gold. And gold is showing weakness right now: url

Technicals always catch up with fundamentals. And fundamentally, the Aus economy is going down after Christmas. Check out url

Also, views on IGMarkets please.

Here is a broker that claims to be ECN: url - any thoughts/comments by anyone please?

Alas, I cannot find a widget on that site. Any other ideas?

The soon-coming rise in Chinese interest rates is going to negatively impact upon the AUD - watch out ... url G7 squeezes China, warns of growth slowdown WASHINGTON (AFP) — The world's top finance leaders said Friday that order was returning to ...

From GFTforex: October 19, 2007 New Zealand, Australian Dollars Head for Weakly Loss Risk aversion affects kiwi and Aussie forex trading forecast The kiwi and the Aussie are looking grim against the Japanese yen in the forex trading forecast. The ...

The following is from DailyFX: AUDUSD Technical Outlook Near term, an AUDUSD correction is due. The rally from .7673 is in its 5th wave (much like the USDCAD decline from 1.0866), daily RSI is divergent with recent highs and overbought, and price is ...