I'm gonna say this right now - aud may go either up or down tonight!
DislikedIs it we are heading north??...anyone??Ignored
Dislikedi thought you are bullish on AUDIgnored
DislikedNo. I went long, but I am short currently. I'd long AUD through cross pairs though, eur, jpy, etc. I just think the dollar has some upside.Ignored
Dislikedi too shorting this POS, but the movement is too slow.. the profit i made day before got eaten by the swap.. not worth the time IMO..Ignored
DislikedBig news tonight, but we may see it head lower after breaking down from 1.0493; but depending on the news we could see a bounce. The forecasts are rather lofty - forecast a 200% turnaround in building approvals. Retail sales is forecasted downwards. A beat may provide support. However, in the long term it seems that Aussie is highly correlated with the US stock market, and we seen that decline along with the market regardless of the dollar selloff. Given the global contraction and possible S&P consolidation or future selloff could prove difficult...Ignored