DislikedI completely agree, when looking at Weekly we have been in a down trend since it peaked July 24th 2011.Ignored
Hope for the best, prepare for the worst.
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedI completely agree, when looking at Weekly we have been in a down trend since it peaked July 24th 2011.Ignored
Dislikedlet say if unemployment is unchanged at 5.1%,
what would happen to audusd?
and 5.3%?Ignored
DislikedYou are very wrong dude.... when we talk about Hot Money flow we are talking immediate Money movements on a daily basis for 3 whole months , each day worthing of 3 trillion USD int he currency market... ITS A HUGE amount of money dude....
DO not get mixed up.... sooo for that Interest rate drop in October 2nd to take effect the TYPICAL way... wont happen until January.... where demand for AUD starts picking up again.... but by January.... AUDUSD might be down to the bottom of the range in 0.95Ignored
DislikedThe yuan can be dropped out of the equation as it is not free floating. Yes I said the top will come once rates are dropped and that has happened... however there is no alternative...and market is fwd looking so I don't think a top is there. SM didn't even get a chance to distribute yet. When secondary demand comes in like you say... then there should be a prop up until speculation of the next rate cut (which usually happens after a quarter atleast).
[b]Since this is a first rate cut in a long time... you really think that means a continual drop...Ignored
DislikedIf it were that easy we would all be billionaire's... market is firstly fwd looking... what have you done for me lately... second it is run short term (even on daily) by speculation, stop hunting etc... its obvious that lowering interest rates will sway big funds away... which is what they want... the AUD is too high... they can't compete.
You are trying to read about economics from the 70's when the contrast between economics now and anytime from the last 10 years is black and white. China is communist firstly so the same rules wouldn't...Ignored
DislikedWhen you combine enough bad economic data coming out of Australia, you just cant help but to short this bitch out and Short on Pullbacks
THE Only reason why we stopped last time at 1.02 back in June-August was becasue ITS SUMMER periods mean low liquidity not enough to make the drive down strong enough
but i wouldnt say so at this time of year.... if 1.02 breaks this thing is gona fall hard.Ignored
DislikedChina hasnt been communist since Chairman Deng opened up their economy since his reign buddy... if China was communist they wouldn't even be engaged in international trade
If you call China Communists, then so are the Swiss... with Swiss Pegging their currency to the EURO keeping it fixed.... are the Swiss Communists??
Shees buddy use your brain!!Ignored
DislikedI wouldn't say the only reason, QE3 speculation at the time might have had something to do with it....Ignored
DislikedThat's the only way they are capable of acheiving any kind of world status... you really think if they were a democracy they would be where they are??? open your eyes. Wake up do whatever but you need to realize the obvious.
Have you been there? Its a third world country outside of the capitals.Ignored
DislikedThat too.. thanks for adding in, yes QE3 speculations also kept it upIgnored
DislikedI have been there... i LIVE IN HONG KONG and i go up to China with my father ever now and then for business deals, since my father doesnt speak mandarin, i am the way he speaks to the chinese since ive been brought up in hong kong and learned chinese as my first language.
CHINA doesnt give a shit about villages dude.... MAJORITY of the POPULATION are in CITIES anyways.... so dont talk to me about Places Outside Capitals being a third world country when you can say the same applies to Deserts....
So is Dubai a third worl country? since anywhere...Ignored
DislikedDubai is done, it was hype. Their real estate is dropping by > 40% in the next few years. It was a favourable place based on climate because of weather... and oil obviously. If you have enough money and you can do whatever youw ant, why not go to a large open place and start your own?Ignored
DislikedSadly true but once dubai's financial sector picks up it will outperform those of the europeans and the americans.Ignored
DislikedLets all pretend that economics is science with Empirical evidence to substantiate claims. BG you will learn like I did what they teach you in THEORY does not apply in PRACTICE. When I used to work for an Ibank what they showed us was much different and better than what was in the textbooks. You will see that economics is not an exact science nor could it predicte the latest crash or the next one coming and the one after that.
I know your going off to a bank soon and you will see the world as it truly is non quantifiable over the long term...
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DislikedDUDE WTF.... I AM THE ONE who said INTEREST RATE THEORY doesnt apply to practice...
its Sidhu whos quoting saying that Lowerd interest rate increases supply fo the currency which would lead to increased demand to the cheap currency, hence currency strength... THATS THE BOG STANDARD THEORY from the BOOK Sidhu's quoted....
But he failed to understand in PRACTICAL it doesnt work like he said because 1. theres a time lag between the interest rate adjustments and the Actual effect of the adjustments hitting the economy. (Actual effect being...Ignored
Disliked& others might say we've been in an uptrend since the low of Oct 2011. Based on frequency of your posts I'd say that for you and I there have been several uptrends and several downtrends since then. Trend depends on timeframe.Ignored
DislikedLol this is getting fun, can you show me the quote where I said that?Ignored
DislikedChina eases = cheaper money - communist state = more money for exporters (AUD)
more money for exporters = boost in confidence for exporter.
NZD food inflation already at 3 month lows... Retracement happens now, coincidence? Lows - 50 pips could be a good S/LIgnored
DislikedDude.... i am 20 and classiness takes time to acquire so im forgiven if i lack classiness or modesty....
besides... if i were to pass you off as irrelevant after im regarding you as an enemy of mine, i would've put you in ignore list if i pass you as irrelevant....
the fact i havent done so is simply because i appreciate the debate we had dude...Ignored