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Posts by "callum"
241 Posts Total by "callum":
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Posts by Anonymous "callum":
Will this pull in more buyers? Or does this form a psychological level for people to take profit and ride down before fresh putting bids?
There's plenty of China economic data coming out next week. I understand the expectation is much lower than previous. I am guessing this would be a "show" needed avoid raising rates. If they genuinely intended to raise it, they would have done so already. Don't they have to get a print of CPI over 3 first to raise rates?
I am short around 1130 levels so just wondering if anyone could share views on whether to keep or cut-loss now.
Anyone know what's behind these big Gold moves?
Wells Fargo's Bennenbroek mentioned this appreciation would be bullish for commodities currencies.
Also, Westpac Analyst today on CBNC Asia mentioned that AUD and more importantly AUDJPY would benefit very strongly, and even expect 90/95 this year.
I remember you already said that China tightening means STRONGER JPY (&TWD, MYR).
I thought Stronger JPY would drag AUDJPY down. I thought yesterday's China speculation had driven AUDUSD and CADUSD DOWN including Oil. Is this a misdirection? Is this why Gold is stronger also?
I hope to get your advice.
Same fate as Gold?