Many are confused this morning at the exuberance in US equities after dismal data and a bond market that is barely budging. Of course, the answer lies deep in the fun-durr-mentals of the JPY carry trade… but this time it’s different as it would appear a note from BofA proclaiming “it’s time to buy AUD” coincided perfectly with a ramp […]
Its that the time of the week again for the Swiss team’s technical analysis of the major asset markets.To summarize. They believe a near term low is close though likely later this week or early next. They have been surprised by the extent of EM weakness but insist this is likely to be a buying point for a bear market […]
Last week, the Austrailian Bureau of Labor Statistics released its December CPI data. The inflation number came in at .8 instead of .4, causing a lot of volatility on the AUD/USD forex pair. Speculators tried to grab some of the move that was expected right after the announcement. Others sat back and let the news come out and be over with, before […]
The AUD/USD pair has broken a major reversal pattern- Head & Shoulder on a daily time frame. The price is trading below the 50 day (shown in green) and 100 day (shown in yellow) moving average which means that the bears are in strong control of the price. The pair has pierced the Bollinger band at this level which means that the […]
moreView todays social media effects on AUDView the latest stocks trending across Twitter. Click to view dashboardSee who Pimco is hiring next, click here to view […]
moreView todays social media effects on AUDView the latest stocks trending across Twitter. Click to view dashboardSee who Pimco is hiring next, click here to view […]
moreView todays social media effects on AUDView the latest stocks trending across Twitter. Click to view dashboardSee who Pimco is hiring next, click here to view […]
moreView todays social media effects on AUDView the latest stocks trending across Twitter. Click to view dashboardSee who Pimco is hiring next, click here to view […]
moreView todays social media effects on AUDView the latest stocks trending across Twitter. Click to view dashboardSee who Pimco is hiring next, click here to view […]
moreView todays social media effects on AUDView the latest stocks trending across Twitter. Click to view dashboardSee who Pimco is hiring next, click here to view […]
