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    • stulic replied Jul 5, 2012

      Can anyone else see that chart to understand why? Cartoons are pretty cool, I like yours but I hope that's not what you call your charts.

      AUD/USD
    • stulic replied Jul 5, 2012

      Give them a couple of hours, after lunch maybe but up until then I wouldn't be surprised with some nice ranging 1.0250-1.0300, gold bounced back up as expected staging $12 recovery but I'd love to see it around 1590 to go long for good.

      AUD/USD
    • stulic replied Jul 4, 2012

      Another good night for EUR/AUD, only knows one direction (not the crappy boy band). 1.2132 stones throw away EUR rate cut now pretty much fully priced in.

      AUD/USD
    • stulic replied Jul 4, 2012

      They trade between each other, major banks especially, some large hedge funds and some central banks bid and ask all the time. Depending on volume in the market some of them clearly could move the exchange rate one way or another through rogue bids.

      AUD/USD
    • stulic replied Jul 4, 2012

      Well you forgot one little fact, big investors don't trade Forex, they convert other low interest currencies into AUD and park their cash in Aussie banks where they can earn over 5%pa. Also any foreign money invested in any current project in ...

      AUD/USD
    • stulic replied Jul 1, 2012

      Just to clarify, I'm not mistaking 8% growth rate with 800% growth rate, you have to look at the bigger picture and understand the impact 8% growth in a country of almost 2 billion people has on a tiny resource rich Australia with only 25 million ...

      AUD/USD
    • stulic replied Jul 1, 2012

      Growth of 8% per year means demand for Australian resources is not doubling, not quadrupling but quintupling every year, it's literally physically impossible to keep up with the demand and build the infrastructure needed to be able to start digging ...

      AUD/USD
    • stulic replied Jul 1, 2012

      Just my two cents, China is not in a recession. Greece is in a recession. China's economy is expanding by a rate of around 8% per year. A recession means a country's economy is contracting, the annual percentage GDP growth compared to previous year ...

      AUD/USD