Hmm. Interesting. AUD/USD supposedly lower today due to risk aversion as a result of expected poor US jobs data later tonight (News article). Surely the worse the US economy is, the better the Aussie would do. It is not Australian jobs which are reaching record losses! It is so unfair the way the Aussie/US pair is seen as a risky trade, even though the Australian economy is one of the srongest at the moment. We aren't in a recession yet unlike many of the major economies and none of our banks have collapsed, unlike in the US. You would expect people to flock to the Aussie. Trading psychology is very counter-intuitive sometimes.
Making Pips is easy, loosing them is even easier!