Tag Archive: EURAUD

Australia Focus : Still Asians’ Best Friend

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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

AUSTRALIA FOCUS : HAPPY SHOPPING

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We are pretty close to the 6 year low of 0.7533 set on 3 April in the AUDUSD despite closing the week relatively unchanged and shorts are building up again as the RBA… Continue reading

AUSTRALIA FOCUS : FIDDLESTICKS CANDLESTICKS

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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

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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 : Not All Is Lost

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“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

Australia Focus : The Aboriginal Walkabout

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The Walkabout defined by Merriam Webster. “a short period of wandering bush life engaged in by an Australian Aborigine as an occasional interruption of regular work”  http://en.wikipedia.org/wiki/Walkabout   My dad uses the word… Continue reading

Australia Focus : Chinese Kangaroo Stew

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Back when I was in Perth, a friend from China told me that his uncle liked to stop by dead kangaroos on the road to pick a nice juicy tail for stew and… Continue reading

Australia Focus : You’re Unbelievable

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http://www.youtube.com/watch?gl=SG&v=waacof2saZw&hl=en-GB Chorus : The things, you sayYour purple prose just gives you awayThe things, you sayYou’re unbelievable Unbelievable stories from Australia : Boozy Feral Pig Steals Beer From Campers, Gets Drunk and Starts… Continue reading

United We Stand, Divided We Fall – Central Banks Breaking Ranks, EURUSD Breaking Bad

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I am not sure which planet some private bankers are from but I am seeing headlines that Yellen is dovish in the in-box whilst strategy pieces that are meant for distribution only to… Continue reading

Taper Vs Negative Rates – Not much to choose from, Sell EUR

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Between the USD and the EUR, we have more than half the world of assets covered and the 2 most powerful central banks in the world, disputably. If both central banks (not including… Continue reading