Lets see Glens speech will go something like this: We'll keep rates on hold as the deflation was caused by lower commodities in last qtr. Its noew recovering so lets wait and see the impact on the next cpi. With employment low (due to lack of ...

AUD/USD

You read the abs site? It was for Dec Qtr 2015 to Mar Qtr 2016. Fuel fell 10%... which would confirm your theory to a degree - In my experience the last two months fuel has only gone up roughly 3%. It will take a while for this to go back up and ...

AUD/USD

It's begun. Commodities will hold au up for a couple of months but they will ease then Aussie will fall hard. 0.60 here we come.

AUD/USD

Yeah that was while commodities had it's arse to the ground. Now its recovering they're all happy, for every 10% iron ore goes up that something like 4 billion to AUD economy, with an election in July and budget next month they're not going to shake ...

AUD/USD

if you actually read the full cny news it wasnt worse than expected for AUD.

Just Another A/U Thread...

Exports up. Means more manufacturing. Means more raw material. Aus has lots of that.Data is skewed an could be seen as a recover from preious qte when manufacturing in China was stopped for Chinese new year.

AUD/USD

Election this year... lies will be thick.

AUD/USD

What's interesting is the better than expected news from China today forced the au lower or should I say not above 77. Opposite to what has happened with previous china "good news". The on the other hand US found strength. AUD is strength is ...

AUD/USD

"ANZ Banking Group is more bearish on the Aussie, tipping it to ease to US74¢ by June and end the year near where it started at US67¢." AFR.com

AUD/USD

Watch iron ore closely. It has almost retraced those level that pushed the Aussie up 400 odd pips. I think now it's waiting for FOMC decision (which I believe will be HOLD) then will fall back to it's 70 - 73 range. Unless iron ore tanks sub $40/ton ...

AUDUSD Trading Pit

All those traders who committed long must be feeling the pinch.

AUD/USD

With iron ore and coal being Australia's biggest export, roughly accounting for almost half of our exported 'goods'. The 20% spike in iron ore is what caused the 400 pip move combined with favourable AU GDP figures, a bit of a freak jump. Ore peaked ...

AUDUSD Trading Pit

Completely agree, unless commodities go up to above 60, and China turns around I can't see this going much above .74 only for market makers will to chase stops.

AUD/USD

I read in the Australian Financial Review that China wants to put a cap on the A/U at 0.74, not sure fundamentally how that works though or how they make that happen.

AUDUSD Trading Pit

It is 50 pips, and just going back to level it was a week ago, why did it fall 100 pips last week with no significant news and not stay at .724?

Just Another A/U Thread...

Oh ok cool, I posted some thoughts on your thread I wasn't sure if you were just wanting technical charts only and not fundamentals.

AUD/USD

I'm confused now, two threads?

AUD/USD

Might see 0.73 might not, trend will continue until there is significant China, Australian and to a lesser extent US news. Maybe investors pulling out of Europe seem to be favouring the AUD currently. Expect the predictable trash we've been getting ...

AUDUSD Trading Pit

I that case, what a boss move. Most I've seen done is 30 lot by one of my old housemates.

AUDUSD Trading Pit