Aussie Employment Data
To continue with the Australian theme employment figures are due out later today and although a figure of 15k is being forecast should the number come in at 20k or above expect to see a dramatic rise in the Aussie as this would bolster the case for an additional hike next month. This is [...]
Aussie Rising
With the unwinding of the carry trade and flight from risk traders and investors have been looking around for a sound, undervalued pair in which to park their cash and I believe that pair could be the aussie dollar.
Aside from the already excellent interest rate differential we have had the RBA (Royal Bank of Australia) [...]