AUD/USD | Page 3463 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #69,241
  • Nov 7, 2013 6:51pm Nov 7, 2013 6:51pm
Quoting zew
当矿业迅速衰退，澳大利亚需要其它行业来填补出口和就业的空缺。 由于过去10年迅速上升的汇率使得澳大利亚劳动力成本非常高，这使得制造业几乎没有生存的空间。但是，过去这些流失的工作岗位，被超强的矿业吸收。...
using google translate

"When mining declined rapidly, Australia needs to fill other industries exports and employment vacancies. In the past 10 years, the rapid rise in rates makes the Australian labor costs are very high, which makes the manufacturing sector barely survive. However, the loss of jobs in the past these were super mining absorption.


Mining is now constantly cutting labor, manufacturing has long languished. Australia needs to support the economy in other industries, especially in agriculture, commerce and real estate. Agricultural exports means Australia and New Zealand exchange rate must be reduced, Brazilian competition. Business needs low interest rates and low rates. Real estate requires a lower bank interest rates, and exchange rates to attract foreign investment"
  • #69,242
  • Nov 7, 2013 6:57pm Nov 7, 2013 6:57pm
.9442

Our good old friends at the RBA couldnt help themselves with another Jawboning speech trying to talk the currency down.

Lower interest rates ? Are you sure Mr Stevens ? Are we playing liars poker here ?

OK back to reality there seems buying interest near .9400-20 and Ive heard its sizeable topside .9480 should cap it before NFP.

Anything in between wins a prize... Good to see movement is back

Great weekend to you all
  • #69,243
  • Nov 7, 2013 6:58pm Nov 7, 2013 6:58pm
If daily chart could close above 0.9430. I will close all my shorts and long AUD then wait for next high to add more shorts aggressively.
  • #69,244
  • Nov 7, 2013 7:04pm Nov 7, 2013 7:04pm
Quoting samirs
{quote} using google translate "When mining declined rapidly, Australia needs to fill other industries exports and employment vacancies. In the past 10 years, the rapid rise in rates makes the Australian labor costs are very high, which makes the manufacturing sector barely survive. ess needs low interest rates and low rates. Real estate requires a lower bank interest rates, and exchange rates to attract foreign investment"
Australia doesn't need lower interest rates for the real estate sector. There's already a bubble risk.
  • #69,245
  • Nov 7, 2013 7:09pm Nov 7, 2013 7:09pm
Quoting Greener
{quote} Australia doesn't need lower interest rates for the real estate sector. There's already a bubble risk.
As long as immigration policy continues, there is no bubble. Because population keeps growing, more and more foreign investors bring cash to Australia. Even 50% local Australian can't afford house in inner suburbs, so what? House supply can't meet the market need, so price always goes up.
  • #69,246
  • Nov 7, 2013 7:15pm Nov 7, 2013 7:15pm
Quoting zew
{quote} As long as immigration policy continues, there is no bubble. Because population keeps growing, more and more foreign investors bring cash to Australia. Even 50% local Australian can't afford house in inner suburbs, so what? House supply can't meet the market need, so price always goes up.
I am just saying that housing sector is not a sector requiring lower interest rates now. Growth rate is the evidence that interest rates are low enough in this particular area. More importantly RBA statement says that current exchange rate is 7% lower than May forecast which casts a shadow on interest rate cut urgency in the near term.
  • #69,247
  • Nov 7, 2013 7:24pm Nov 7, 2013 7:24pm
Quoting zew
当矿业迅速衰退，澳大利亚需要其它行业来填补出口和就业的空缺。 由于过去10年迅速上升的汇率使得澳大利亚劳动力成本非常高，这使得制造业几乎没有生存的空间。但是，过去这些流失的工作岗位，被超强的矿业吸收。...
let me translate it. But where did you get this news?
========================

while the mining industry is declining rapidly, Australia needs other industries to fill the vacancy of exports and employment. The rapid rise of exchange rate over the past 10 years makes Australian labor force very expensive, which makes the manufacturing sector barely survive. In the past, however, those job losses were absorbed by a strong mining industry.

Now, mining is constantly cutting labor force, and manufacturing has long languished. Australia needs other sectors, especially agriculture, commerce and real estate, to support its economy. For agricultural exports, Australia must cut exchange rate to compete with New Zealand and Brazil. Commerce needs low interest rates and low exchange rates. Real estate requires even lower bank interest rates, and exchange rates to attract foreign investment
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #69,248
  • Nov 7, 2013 7:33pm Nov 7, 2013 7:33pm
Quoting ffleo
{quote} let me translate it. But where did you get this news? ======================== while the mining industry is declining rapidly, Australia needs other industries to fill the vacancy of exports and employment. The rapid rise of exchange rate over the past 10 years makes Australian labor force very expensive, which makes the manufacturing sector barely survive. In the past, however, those job losses were absorbed by a strong mining industry. Now, mining is constantly cutting labor force, and manufacturing has long languished. Australia needs...
He got it here http://www.rba.gov.au/publications/s...f/overview.pdf

A highlighted version
  • #69,249
  • Nov 7, 2013 7:37pm Nov 7, 2013 7:37pm
Quoting lasty
{quote} He got it here http://www.rba.gov.au/publications/s...f/overview.pdf A highlighted version
有趣

在这里我得到了它


link
  • #69,250
  • Nov 7, 2013 7:42pm Nov 7, 2013 7:42pm
Oz Rmb 一家亲

  • #69,251
  • Nov 7, 2013 8:12pm Nov 7, 2013 8:12pm
Quoting lasty
{quote} He got it here http://www.rba.gov.au/publications/s...f/overview.pdf A highlighted version
RBA says similar thing? Let me have a look.Thanks for sharing link.
  • #69,252
  • Nov 7, 2013 8:15pm Nov 7, 2013 8:15pm
Quoting ffleo
{quote} let me translate it. But where did you get this news? ======================== while the mining industry is declining rapidly, Australia needs other industries to fill the vacancy of exports and employment. The rapid rise of exchange rate over the past 10 years makes Australian labor force very expensive, which makes the manufacturing sector barely survive. In the past, however, those job losses were absorbed by a strong mining industry. Now, mining is constantly cutting labor force, and manufacturing has long languished. Australia needs...
I read news from Chinese media, local Australian Media, WSJ and economist magazine. I extracted them from news and did some analysis. So you guys don't take it too seriously.
  • #69,253
  • Nov 7, 2013 8:32pm Nov 7, 2013 8:32pm
Quoting zew
{quote} RBA says similar thing? Let me have a look.Thanks for sharing link.
I can't believe this is from RBA. However at the very bottom they are almost intelligible.
  • #69,254
  • Nov 7, 2013 8:49pm Nov 7, 2013 8:49pm
Quoting Greener
{quote} I can't believe this is from RBA. However at the very bottom they are almost intelligible.
AUD getting sold at 9480
  • #69,255
  • Nov 7, 2013 8:51pm Nov 7, 2013 8:51pm
Hockey, Treasurer just answered a questione about cash given to RBA where he claimed it was not for currency play and he does not involve govt in currency market. Previous gov't took out billions from RBA fund which he has now returned.
  • #69,256
  • Nov 7, 2013 8:52pm Nov 7, 2013 8:52pm
AUD may crawl higher on Treasurers conference
  • #69,257
  • Nov 7, 2013 9:18pm Nov 7, 2013 9:18pm
Quoting SpartanTrade
AUD may crawl higher on Treasurers conference
not quite, not now. Is there anything going on ATM?
  • #69,258
  • Nov 7, 2013 9:54pm Nov 7, 2013 9:54pm
Quoting SpartanTrade
AUD may crawl higher on Treasurers conference
its going to be hard with those RBA minutes seems like Stevens is threatening to cut if the AUD gets to high
  • #69,259
  • Nov 7, 2013 9:57pm Nov 7, 2013 9:57pm
Looking at the 15 minute chart there is a lot of indecision. Spikes and tails. If not in a trade I'd stay out till after NFPR.
FF journal: Peaks and Troffs
  • #69,260
  • Nov 7, 2013 11:46pm Nov 7, 2013 11:46pm
Quoting iNSIELD
{quote} its going to be hard with those RBA minutes seems like Stevens is threatening to cut if the AUD gets to high
We all pretty much know, especially the aussies that a rate cut is virtually an impossibility
22 traders viewing now