Fundamentals would say wait for wage growth in Australia and CPI from US on Wed/Thur.

AUD/USD

I dont usually post technical but I cant help but see this. Fits time frames about critical news. image

AUD/USD

The talk of RBA rate rises is coming from outside the country that's for sure. I don't think they will raise rates even if CPI hits target. What they need is wage growth 0.5% above CPI before they should even consider it.

AUD/USD

You're correct Dab. I read somewhere they only survey like 40k people, how that determines unemployment for a whole country beats me.

AUD/USD

Sure employment is higher because the employers giving very small pay rises. This is what is important to RBA, if wages dont rise they cant raise rates because in doing so applys pressure to people to repay their ever expanding personal debt leading ...

AUD/USD

Will all have to follow prices of iron ore and LNG, particularly the latter. “The ongoing recovery in the LNG price is an emerging part of the story supporting AUD,” url I also read somewhere else that Australia will be the largest exporter of LNG ...

AUD/USD

Wouldn't it be great if Abbott was put back in.

AUD/USD

I don't think the US has ever hit 'predicted', so stupid I'm not even sure why people react to the red news like they do.

AUD/USD

0.6% predicted on CPI for the US tomorrow, are the kidding themselves, do they like set these numbers to fail... my gosh.

AUD/USD

In my years of trading, I don't believe anything the banks/hedge funds/insurance companies/fx market makers say they are going to do. Sometimes have solid theory but that's about it. They are wrong in most of their calls, for reasons you can ...

AUD/USD

Zoom out to weekly/monthly looks like a down. It's all relative to risk appetite.

AUD/USD

We gotta wait on the RBA statement tomorrow. I was reading and there was talk that the AUD rate rises have been priced in, and they are not even due until next year. I think the only way AUD rises is if they say 100% rise this year.

AUD/USD

80% of the time movements in Iron Ore are reflected in AUD to a degree. image

AUD/USD

Looking at the data unemployed only fell by 2200 people. Seems to be more people moving to Full time from Part time (underemployment fell) and more people participating in the survey. Smoke and Mirrors. I just wish they find out what industry the ...

AUD/USD

60% of the time, I am right every time. Sorry on this one.

AUD/USD

Most news I'm reading has the gdp figure at 0.9%. A green number which always gets an over reaction. Looking into the figure that means nothing to the state of the economy (some outlier numbers pushing it up), but i commend to all the businesses and ...

AUD/USD

I think the news is mixed and current fluctuations is showing that. Fall in full time, more part time = more under-employment. It a cheat way for the government to brag but actually makes the economic siutation worse. Lets wait and see.

AUD/USD

Aud is a risk currency. If the tension escalates to threaten war - Aud will fall. Gold, usd and yen are all considered safe and will strengthen. Any movement due to tensions will unwind once the threat of war is deemed unlikely. Now tension seems to ...

AUD/USD

Yes. Wage index at 1130am aest should be red, its the one of the important ones RBA have been sweating on, they want wages to rise but they're not rising enough. Anything other than what is predicted should see a drop. We may see a small rise if it ...

AUD/USD