We have a runaway bear on the AUD/USD so the news out of China is suggesting that Asia economy is weakening. Tipping point is achieved. Moving from growth to debt problems.
If this pair gets support then market believes that it is a short term action.
But without growth from someplace on the Earth this debt thing is headed for a much larger version of the US mortgage crisis.
Am attempting to add my perspective to all the others
If this pair gets support then market believes that it is a short term action.
But without growth from someplace on the Earth this debt thing is headed for a much larger version of the US mortgage crisis.
Am attempting to add my perspective to all the others