Australia In Focus : Australia’s Golden Week Too
2 year low in the ASX but the AUDUSD stayed out of trouble and avoided breaking a new 6Y low after its 0.6896 earlier this month. It would be difficult to say if… Continue reading
Tag Archive: AUSTRALIA INTEREST RATES
Australia Focus : So Much For A Hard Landing
The AUD charts look bad, bad, bad so its time to do some remembering. At 6 year lows, I feel a stab of pain recollecting “My personal experience back in 2008 was a… Continue reading
AUSTRALIA FOCUS : STILL THE FAVOURED CHILD
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
Australian : Sell Everything Till The Cows Come Home
I think the only thing not for sale in Australia would be the Great Barrier Reef, which the Chinese would not dream of buying anyway, given the high cost of maintenance. $47 million… Continue reading
AUSTRALIA FOCUS : GREEKS LANDING
A new 6 year low in the AUDUSD at 0.7509 (note the outdated fx rates in the table above), iron ore prices sliding and unspectacular economic data – big drop in the June… Continue reading
Australia Focus : Relatively Meh
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
AUSTRALIA FOCUS : FIDDLESTICKS CANDLESTICKS
If you were scratching your head last week watching AUDUSD price action, keep scratching and say Fiddlesticks ! Many a trader died trading the AUD this week. It was the AUDNZD gangster pair… Continue reading
Australia Focus : Tears On My Pillow
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
AUSTRALIA FOCUS : AUSTRALIA UNDER ATTACK
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 Focus : Not All Is Lost
“Australia’s high-value services exports, led by tourism and education, have overtaken iron ore to become our biggest foreign exchange earners. Services exports now are worth more than coal and LNG combined.” http://www.smh.com.au/business/comment-and-analysis/iron-ore-no-longer-our-biggest-export-20150313-142za6.html#ixzz3UGC22twx The… Continue reading