AUD/USD

That's an interesting take.

In my opinion brains is a relative term.

No guarantees, right? And, there's lots of evidence to support the notion that central bankers have shit for brains.

In these markets anything is possible. It takes practice to get that mental flexibility reflexive speed, at least for me.

Like late last week when the Euro ran from the 1.25 all the way to 1.33 and then promptly turned back to 1.27. I read somewhere it was algorithmic trading.

Learn something new everyday.

LOL

While there is some political imperative to cut again (popular with mainstream voters), they have already had their bit with the last cut. I imagine the big end of town is applying considerable counter-pressure to maintain rates as is.

And maybe I just have a fertile imagination.

Did you get the PM? ........With the email?

I like imagination.

Speaking of language and having a leader that speaks Mandarin as a SL; no doubt Americans are looking forward to a leader who can speak English.

Got the email (replied). My pop up blocker ate the pm before I could rescue it.

Any US leader who can string 2 words together without having to consult the idiot sheet would be good value (imo).

Something didn't work. I will try again and send another private message with the contact information......... or shoot me a PM with yours.

2 Quebec comedians prank call Palin with faux-Sarkozy phone call.

"Oh my God, seriously, it's probably the biggest we've ever done," Marc-Antoine Audette, a member of comedy duo The Masked Avengers, told CTV.ca Saturday afternoon.
During the nearly seven-minute chat, the conversation ranges from politics to hunting with vice-president Dick Cheney.
The topics also touch on Palin's political future -- a sensitive topic for some of John McCain's campaign staffers, who have suggested Palin is already looking at a presidential run in the next four years.
"I see you as a president one day, too," says one of the pranksters to Palin.
"Maybe in eight years," she responds.
The duo, who have a regular show on Montreal radio station CKOI, have also made prank calls over their 10-year history to celebrities like Bill Gates, Tiger Woods, Britney Spears and Sarkozy himself.
"We have such great respect for you," Palin tells the Sarkozy impersonator during the conversation. "John McCain and I, we love you and thank you ..."
The impersonator also says he has been closely following the U.S. election through his special advisor "Johnny Hallyday," the French pop icon. He also refers to "Canadian Prime Minister Stef Carse."
Speaking to CTV.ca, Audette later claimed that Palin "didn't know who the prime minister of Canada was." But the prankster spoke quickly during the conversation with Palin, and it's unclear whether she heard the fake name clearly. As governor of Alaska, Palin has worked closely with Canadian officials.
At another point in the chat, the impersonator says in a fake Parisian accent that the pair might use a helicopter to go hunting.
"We should go hunting together," replies Palin. "We can have a lot of fun together while we're getting work done. We could kill two birds with one stone."
But when the fake Sarkozy makes a joke that they shouldn't extend the invitation to vice-president Dick Cheney, Palin says, "I'll be a careful shot."
In 2006, Cheney accidentally shot and injured a friend during a bird hunting trip.
The conversation also touches upon Sarkozy's model-singer wife Carla Bruni.
"You've added a lot of energy to your country with that beautiful family of yours," says Palin.
"Give her a big hug for me."
Nearing the end of the conversation, the impersonator tells Palin she's been "pranked," and an aide quickly cuts off the conversation.
Later in the day, a spokeswoman for Palin emailed politico.com, a blog dedicated to U.S. politics, and confirmed that the chat had taken place.
"Gov. Palin was mildly amused to learn that she had joined the ranks of heads of state, including President Sarkozy, and other celebrities in being targeted by these pranksters. C'est la vie," Tracey Schmitt in the email.
Starting with persistent phone calls to Alaska, Audette said it took the duo -- which also includes Sebastien Trudel -- about four days of phone calls to Palin's handlers to finally get in touch with her.

That episode made it to the news in Oz today.

Did you receive email or pm with my contact details as yet? Maybe you need to put me on your buddy list to PM in FF?

Your PM hit this time. I'll shoot you a real email in a few minutes.

Nice to hear Quebec has contributed to world affairs.

Slow start to the week for the pair, to be expected I guess.


RBA rate statement at 2:30 tomorrow (Melbourne time of course )



What do we expect to happen?

Hold on, just consulting the crystal ball.....

ah... here we have it, it's all becoming clear (as mud)

http://www.abc.net.au/news/stories/2...03/2408846.htm

Please bear in mind that this is the guy (our Treasurer on training wheels) who 6 weeks ago publicly said that the global financial crisis wasn't going to affect Aussie and there was no need to do anything... within a week, he and his master had done a complete about face.... but I see he is still singing that same tune (while having an each way bet).

In other words, your guess is as good as mine.

Everyone seems to be expecting it???? http://www.abc.net.au/news/stories/2...03/2408909.htm

May also be a good time to surprise and do nothing, leave rates as is until next month then review? I personally can't see any compelling case to cut again, it's too soon after that last 100bp but that doesn't mean they won't do it anyway. We may yet become a banana republic.

Who knows hey?

Might have a better chance of making money betting on the Cup tomorrow.


Anyway, if anyone wants to add me to MSN feel free


heightdown AT hotmail


Would be good to talk in a live environment with some AUDUSD peoples.

AJ and AU sinking in early trading in Asia. Perhaps the rate cut's already being factored in.

Agreed. I've been short AUD all morning (since the double top and inverted hammer 15M chart) and looking just fine.

Wondering now if we may re-visit 60c with a rest stop at 65c.

Why do I have this feeling the RBA are going to cut another full 100bp? Maybe cos Swannie has been delivering instructions to pass on the full cut this time? Kevvie does like to be Mr Popular. Melb Cup day n all too.

logged in just in time ot long EURAUD woot, so far

closed already...who knows what will happen next

Hell of ride that cross huh? Had a piece of it yesterday, really a case of buckle up and hold on tight.

hehe yeah to scary to hold too long, wish I reloaded at 1.88 for another run...but not in the mood to take anymore risk right now. Just home and want to get something to eat...that pair required a quick trigger finger, IMO.

My oath, has to be watched like a hawk, and lightening quick on the trigger. But wow, what a neat ride. Only for the brave.

75bp cut

Still thinking 100. Not long now. Swannie gave the banks a free kick last time, let them keep a chunk of the 100bp.