Seems spot on. I would say thought that the "bad" economy is seen by all except RBA and the government, they repeat their rhetoric - "its not growing as quick as expected, but it's growing". Meanwhile manufacturing is dead, farming is being sold ...

AUD/USD

Iron ore controlled the PA. Past few sessions or so iron ore falls 10% or so, AU drops 100 pips. url

AUD/USD

Your post is irrelevant to this thread. Please dont post if you arent going to contribute information about this pair, instead of just general info about trading that hundreads of threads already exist. Vantage interesting chart, price may stall ...

AUD/USD

url

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How many are short after open? The weekend gap retraces 90% of the time, a good 40 odd pips.

AUD/USD

Employment data no nothing, the 30 pips down the last 6 hrs was pricing in bad figures that didn't come. USD weakness continues, risk assets like AUD is safe in current conditions and returned to it's 0.763. This seems to be the limit though pending ...

AUD/USD

I threw this together on my phone. Aud/usd vs iron ore spot... aud will always be ruled by iron ore.

AUD/USD

url

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I read the statement, Glenn never fails to disappoint, what waffle.

AUD/USD

Glenn will harp his usual tune - On hold. No rash decision until Brexit/Election results sorts itself out, also need CPI figures. High Aussie dollar is worrying, might have to do something. Increase in commodities is supporting the economy, might be ...

AUD/USD

No news, commodities up, Fed hesitant to raise rates. Explains the upside. In saying that RBA need to cut rates, and the cpi figure will be the big kicker for the aud into the second half of this year. Ive got no technicals but people been saying ...

AUD/USD

I'm with you mate, I couldn't load anymore shorts without being over leveraged. Happy. Now lets get that 0.60!

AUD/USD

Insightful. Glad you're here to guide us.So in the real world I'm expecting some dovish Yellen but wont be ruling out rate rise this year, she will wait for better (normal) employment figures.

AUD/USD

this one too - url will lose its aaa by end of year.

AUD/USD

So basically we will see 0.65 if the stars align. Rba cuts rates, fed raises rates, China continues its slow growth and commodities fall. So far we China is still going poorly and we are still on track for the other 3 before the end of year although ...

AUD/USD

"though an appreciating exchange rate could complicate this." I love this little gem tucked away in the statement. Goes up 50 pips immediately. Theres your instant complication Glenn.

AUD/USD

If RBA announce potential rate cut, plenty of room to fall, that the only thing keep AUD above water. Inflation estimation is still below expectation. Ore has been falling up until the US weakness on Friday. RBA didn't like the AUD above 0.75. Fed ...

AUD/USD

Agree Lasty. I speculate the trade figure today to be decent (green) due to China buying all the iron ore last quarter. As Lasty indicated, it all a bit false as mining is driving these figures rather than a real turn in the Aussie economy, after ...

AUD/USD

Usd is falling against everything but the Aud.. some price action that should tell you something.

Just Another A/U Thread...

I just thought 150 was a good number, no particular reason I chose that number.... Well kind of... looking at the data from yesterday spiking 40 pips and it was nothing that important (although 'red' news) I thought 150 is a good number for the ...

AUD/USD