Aussie Pauses
A quick catch up on the Aussie Dollar which has done well against the US dollar and spectacularly well against the Japanese yen - for those of you who followed my tip on this currency back in March you should be sitting on some big fat profits!
However, given the falling off in commodity prices expect [...]
Aussie Gold
One of my regular readers Sol has asked my opinion on the Aussie dollar and in particular my views of trading the aussie yen. Having looked at the chart for this pair I would personally concentrate my trading efforts on the aussie dollar for the reasons mentioned in previous posts, ie chronic dollar weakness, [...]
Aussie Still Strong
For those of you following the Australian Dollar it has breached the 0.94 level sooner than I anticipated - I originally said by the end of March but it raced ahead of itself as a consequence of recent chronic dollar weakness. The Aussie has also risen against the yen which tells us that risk appetite [...]
Aussie Still Rising
For those of you who took my advice about the Australian Dollar I hope you are now sitting on a nice profit. The aussie dollar took off yesterday easily breaching the .91 level with the aussie canadian following suit. These moves were partly as a result of the RBA’s tough stance on inflation [...]
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