DislikedMy view is the USD will be a supper currency at that time. It will keep the safe haven status and also becomes a commodity currency.Ignored
It works till it doesn't
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DislikedMy view is the USD will be a supper currency at that time. It will keep the safe haven status and also becomes a commodity currency.Ignored
DislikedI agree. But there are down moves all the time during a bullish major move.Ignored
DislikedThe A$ shall be moving back to where it belongs to at 0.5 to 0.6 range.Ignored
Disliked...
are you crazy?
that wont happen,
if this ever happen, US economy is going to collapse again as USD will be way overvalued.Ignored
Disliked...
are you crazy?
that wont happen,
if this ever happen, US economy is going to collapse again as USD will be way overvalued.Ignored
DislikedWhen the US begins to export oil, you may be thinking you were crazy in 2012.Ignored
DislikedThe USD will be higher against A$ sooner than later. I used to trade A$ at 0.5X. When it went up to 0.6x, I thought it was over valued.
I guess you are new to this game. You may think A$ should be above the parity forever. This is not the norm.Ignored
DislikedDon't forget space exploration! Although I have no idea about the timings of any of that stuff, America will surely majorly benefit from it.Ignored
Dislikedactually i think the same DB..for me it's a carry trade ? yes there is a fundamental that push the lady higher and higher than usd at the moment. but too over valued and too much. it means that ausie is so expensive and could be danger for their competitiveness in business ( including export - import ). just IMHO
1 cent and onlyIgnored
DislikedCannot agree with you more. Do you mind I add 1 cent to your 1 cent and make them 2 cents?Ignored
Dislikedactually i think the same DB..for me it's a carry trade ? yes there is a fundamental that push the lady higher and higher than usd at the moment. but too over valued and too much. it means that ausie is so expensive and could be danger for their competitiveness in business ( including export - import ). just IMHO
1 cent and onlyIgnored
DislikedA
When the exports begin to dwindle and the domestic market is too small to keep the economy strong, the end result will be continued rate cut in order to revive the exports.Ignored
DislikedQuote:
Originally Posted by iqyu5an http://images.forexfactory.net/buttons/viewpost.gif (http://www.forexfactory.com/showthread.php?p=6252955#post6252955)
actually i think the same DB..for me it's a carry trade ? yes there is a fundamental that push the lady higher and higher than usd at the moment. but too over valued and too much. it means that ausie is so expensive and could be danger for their competitiveness in business ( including export - import ). just IMHO
1 cent and only
Quote:
Originally Posted by DaddyBear http://images.forexfactory.net/buttons/viewpost.gif (http://www.forexfactory.com/showthread.php?p=6252975#post6252975)
When the exports begin to dwindle and the domestic market is too small to keep the economy strong, the end result will be continued rate cut in order to revive the exports.
Ignored
DislikedAlthough Australia is a nice country with abundant natural resources, it relies on its exports too much. With only a population of 22,827,679 in 2012 (52nd), the domestic market is too weak to sustain a currency above the parity against the USD for too long.
Some people may argue the interest rate matters. I don't disagree with this point. The question is how long RBA is able to keep the rate at this level when the exports are suffered by such non-competitive exchange rate.
When the exports begin to dwindle and the domestic market is too small...Ignored
DislikedThe weekly chart suggests a green candle to be formed at the end of the coming week.Ignored
DislikedYour chart actually suggests that there will be a red candle that will test the green cloud.Ignored
DislikedYour chart actually suggests that there will be a red candle that will test the green cloud.Ignored