saw this from order flow trading: A/U Bids to attempt support of fall at 0.9005-0.8990. Sell stops on break of 0.8985
I'd rather look for Nzd/Usd longs though.
I'd rather look for Nzd/Usd longs though.
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Bloomberg
DislikedRBA research paper quantifies AUD depreciation adding to GDP Headlines on the wires: A temporary 10% drop in the Australian dollar adds 0.25 to 0.5% to GDP A permanent 10% drop in the Australian dollar adds 1% to GDP over 2 to 3 years A permanent 10% drop in the Australian dollar adds 0.25 to 0.5% to inflation BloombergIgnored
Dislikedsaw this from order flow trading: A/U Bids to attempt support of fall at 0.9005-0.8990. Sell stops on break of 0.8985 I'd rather look for Nzd/Usd longs though.Ignored
Disliked{quote} Honestly I don't know why everybody thinks Yellen is so hawkish. To me the FOMC statement didn't really introduce anything new. Everybody knew beforehand that they are not going to raise interest until the unemployment rate is below 6.5% and even after that they will look and see to make sure the economy is really on track before they do anything and they also stated that they are not really in a hurry because right now the inflation rate is well below their target of 2%. "To support continued progress toward maximum employment and price...Ignored
Disliked{quote} AUS/USD BULL, MEANS AUD/JPY BULL TOO ? nikkie dropping today, but dont see aud/jpy going north.. holding long , red nowIgnored
Disliked{quote} the big surprise was the drop of the unemployment rate as a threshold for interest rate rise, also the fed forecast of 2016 rate rise has been moved earlier to 2015.Ignored
Disliked{quote} the big surprise was the drop of the unemployment rate as a threshold for interest rate rise, also the fed forecast of 2016 rate rise has been moved earlier to 2015.Ignored
DislikedLooks like we are back into the range again. 8920-9120. I will hold off until we see the lower end break. Anyone else see something else?Ignored
Disliked{quote} After yesterday bearish move after FOMC, I am of the view that the recent upmove is a bulltrap. I may be wrong. If you look at monthly/weekly chart, the bulltrap is much more obvious. Will post chart when I am home. We may want to see if .9 levels are supporting or giving way.Ignored