Australian Monetary Policy Meeting Minutes 19th May 15 – Aussie short opportunities
The $AUDUSD has been acting irrationally for weeks now. We are seeing and unexpected strength in the AUD even after negative numbers. This was being fuelled by the US economy losing momentum and China turning down interest rate. The RBA has made indication today however that the Australian Dollars Joyride must come to an end. […]More Info
$AUDUSD Bulls be aware – dangerous levels ahead.
The $AUDUSD has taken back all its losses since 28th December 2014. The tide seems to have turned and the glossy rise of the USD based on Shale production is dwindling into what seems a short lived bull for the greenback. $AUDUSD is currently trading at 0.8125 with a strong long signal. The next major […]More Info
Australian Budget 15-16 – Brace yourself.
Treasurer Joe Hockey has introduced a few new measures that seem rather extraordinary. But here is how it will pan out and the greatest disappointments within. ‘Netflix’ Tax: It is like all taxes a tax to consumer. GST is to be charged by all overseas companies who sell digital products and services. This is to […]More Info
Australian Dollar must start falling now
The Australian Dollar was able to maintain footing near the .7970 mark throughout the week but there must be an end in sight. The RBA was not able to trigger the desired effect and if anything triggered a search for .80 in the rally that followed the pitch of Glenn Stevens indicating the end of […]More Info
The Great AUD Con – rates drop
So traders around the world were astonished and some lost the house when the RBA cut rates. As in with the ECB every time the rate was cut the currency started a fast downward wave as the liquidity in the market increases. But apart from a sudden 40 pip drop the AUD rose by to […]More Info
Saudi Royals reshuffle the playbook – Iran targets
Israelis leader Netanyahu put Iran in the scope of the US and UN and has never regretted anything more in his lifetime. Not only did Netanyahu put Iran into the scope via lies and fabricated stories about nuclear levels – he was also declared a liar by the the former head of his own Intelligence Service […]More Info
Australian Real Estate – Bubble ready to burst yet?
Fines and jail terms is what the Australian Government has proposed currently to ease the real estate pricing that is forcing many locals into a lifetime of renting. The punishment will not only extend to investors but also agents that fail to comply. Whilst the changes will be announced in the coming week the Government […]More Info