DislikedI think that reflects trades by folks playing for swap income and not necessary view that aud will go up.Ignored
DislikedWhen this decreases means carry traders have been scared out. if this is what is market trying to do, will take extra couple of IR cuts and bleak prospect for AU future. Say recession and housing slump will do. If this is so, downtrend will accelerate until margin calls, etc, which will be prime time to buy. If this is so, then we are looking <70. Looks reasonable, so I will be looking for shorts after today's 0.25 risk loss on long side.Ignored