Futures Market Guide

Tag: Aussie

  • Previous Australian Dollar Trades under Parity Have Been Short Lived

    Previous Australian Dollar Trades under Parity Have Been Short Lived

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    by

    aaron
    in ,

    The Australian dollar is working on its first positive day in the last 11 sessions. We’ll need today’s close above 0.9736 for this to become a reality. Aussie bulls, and commodity bulls, should look to the long side as we’re far into oversold territory now. As seen below, we appear to be finding mild support……

  • Currency War is Heating Back Up

    Currency War is Heating Back Up

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    by

    aaron
    in ,

    Just before 1pm Chicago time the Yen broke par against the Dollar for the first time since the week of April 6, 2009 (low 98.67). Then the Euro fell out of bed. Then the Swiss got clubbed like a baby seal. The Aussie. The Pound. The Canadian. Everything but the Dollar got crushed. RIGHT AT…