Australia Focus : Still Asians’ Best Friend
This week has been about the mystery of the AUDUSD low in Monday’s flash crash that was so sharp that charts cannot even agree on a low-point when it “dived US2c in the… Continue reading
This week has been about the mystery of the AUDUSD low in Monday’s flash crash that was so sharp that charts cannot even agree on a low-point when it “dived US2c in the… Continue reading
Ugly commodity headlines as usual. Oil’s Slump Claims Another Casualty as Santos CEO Steps Down Origin Energy swings to a loss following writedowns, warns of falling oil prices But nothing can match… Continue reading
I misread the headlines as usual so it was a 14 consecutive yearly loss for the Wallabies against the All Blacks for the Bledisloe Cup yesterday as the AUD closed the week surprisingly… Continue reading
First, I would like to thank my friend The Dark Knight for his amazing spot on AUDUSD call on Monday for the weekly high in the AUDUSD was 0.8164 against his call for… Continue reading
https://www.youtube.com/watch?v=pA-EcqOCRkI Enough bad news to bring out tears as iron ore and coal look grim and dismal with no respite in sight despite the global equity market euphoria led by the Chinese. RBA… Continue reading
It would be a fool’s quest to attack Australia and the last time anyone thought about it was during WWII and even the Japanese took a deep breath at that thought. As for… Continue reading
Australia just booked the final spot in the World Cup Cricket against none other than New Zealand, the alternative being South Africa, which makes it a perfect Antipodean finish or, would have been,… Continue reading
The only positive this week has been coal and the ASX. Government bonds continued to fly towards record low yields and RBA watcher McCrann said that the RBA “will most certainly cut rates… Continue reading
The Australian dollar has had a slammed and dunked week again making it the 3rd worst performing currency in the entire world for the month of September, losing 6.08% against the USD and… Continue reading