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Well, it looks like it didn’t take much of a dip before traders bought back into the Aussie ahead of this mornings NFP numbers and on speculation the RBA will raise rates next week
Read MoreAUD/USD was to break upper resistance, unfortunately it was only for a short period of time as the pair met resistance at .9050 and traded lower.
Read MoreWe saw a reversion to risk yesterday that saw a sell off in carry trades and high yielding assets. The remaining portion of our trade closed yesterday as it hit our adjusted stop at breakeven
Read MoreOur trade was closed out prematurely as USD/CAD experienced whipsaw action after the slightly disappointing inflation data for the Loonie…
Read MoreOur trade closed yesterday as the Dollar selloff continued and the Aussie rallied on a stronger demand for gold as a safe haven.
Read MoreBoth of last night’s major Australian economic reports came out positive as Retail Sales came in with a read at 0.9% and the Trade Balance deficit was lower at 760M.
Read MoreOur trade closed at a loss as the pair rallied hitting our adjusted stop. This trade was a little frustrating as we were up over 50 pips at one point. In hindsight, our
Read MoreJust a quick review of our trade which closed in yesterday’s trading session.
Read MoreHello my friends 🙂 Todays Greenback rally against the Loonie has brought us a nice little opportunity to take part in the longer term downtrend of this pair.
Read MoreWell, it looks like the Kiwi has picked up momentum once again ahead of the RBNZ interest rate decision this Wednesday. NZD/USD broke through resistance at
Read MoreI've failed over and over and over again in my life and that is why I succeed.Michael Jordan