strong sales data....is QE3/4 still a good thing?
The Fed may need to re-think....
The Fed may need to re-think....
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
Dislikedur fuckin murdering it brother
Im closed and looking to buy some CTT moves... Kiwi needs the 51 to go anywhere.... protecting it tight... aussie needs the 21/24 to signal a short term reversal(as long as it stays over the 1.0200)
I snagged +250 pips on all those kiwi shortsIgnored
Dislikeddraghi will rape all the shorts, EU won the noble peace prize which means the euro will go up and all is peaceful in europe those protests are just propagandaIgnored
DislikedBguguen,
Any economic reason why you feel it went to nearly 1.0260 on the bid. You did mention in a post you thought it might grind higher but stay below 1.0290.
Then in a post after that, you state that you didn't think it would breach 1.0229.
I did read that markets were pricing in the RBA rate cut. If that is true, why would it go higher and not lower?
謝謝您.
and sorry for all the questions. 不好意思.Ignored
DislikedIve explained if 1.0226 breaks, it would grind higher today and it happened during london
Personally, im not intrigued to say why it grinded higher simply because i dont know, but it seemslike the dumping of gold and soaring in equities lead to the risk on sentiment today, but im not a big fan of monday moves, especially one like this where no clear direction is atIgnored
DislikedASX 30 Day Interbank Cash Rate Futures now pricing in an 85% probability of a 25 bps cut by the RBA at their Nov 6th meeting ;
http://www.asx.com.au/sfe/targetratetracker.htm
The market will want to hear some dovish comments contained in "the minutes" of their October meeting held 2 weeks ago .
Expect the AUD to rise if these expectations aren't met .
Released at 11.30.am SYD (00:30 GMT) .Ignored
DislikedASX 30 Day Interbank Cash Rate Futures now pricing in an 85% probability of a 25 bps cut by the RBA at their Nov 6th meeting ;
http://www.asx.com.au/sfe/targetratetracker.htm
The market will want to hear some dovish comments contained in "the minutes" of their October meeting held 2 weeks ago .
Expect the AUD to rise if these expectations aren't met .
Released at 11.30.am SYD (00:30 GMT) .Ignored
DislikedI am ashamed to admit this.. but what is pricing in? And how do I recognize it?Ignored
DislikedWhat I'm curious about is how does a market "price in" a Rate Cut by buying the currency? As we all know AUD has been going up for the past 8 trading days meaning a "priced in" rate cut is good for the currency?
Something doesn't smell right...
Normally when markets are "pricing in" a Rate Cut for a particular currency there is a sell off of that currency.Ignored