Posts by "callum"

I wanted to get group feedback on my naive view on AUD/USD for today/tomorrow.

We are so close to the upcoming Aust job data during the asian trading session, and would be key to see whether AUD/USD break above 93 handle, and ASX 200 above 5,000 psychological level. Perhaps simplistic, should the jobs data printed tomorrow comes extradinarily positive, it might just be enough to make it above 93. There are other attributes that might just grease the wheels, especially as we seen some recent breakdown of resistance / support levels despite stronger USD 1) Gold's breakout upwards today 2) Oil still pretty high 3) USDCAD near parity.

With the exception of last months Aust jobs data, AU jobs number has a good track record of extraordinarily better-than-expected-job-figures, so this shouldn't be a surprise. How much of this is priced-in??

Whether it holds above 93 for a day or more, I would love to get views from others on this forum.

Hi Ashraf, with Oil potentially headed to 89, and whether you have any new possible level beyond parity? Thank you.

Hi Ashraf, with the NFP numbers out, where do you Oil especially after a ᢍ Friday close? Is the the downtrend is still intact? Can we also assume that the Monday Fed discount rate might drag commodities down, possibly equities also? Thank-you.

Hi Ashraf, now that we are already hit 94 levels, as you had foretasted, do you have a view to how high USDJPY may go further? Thanks, Callum

Hoping to get your view on how to assess this NFP expectation, good/bad scenario, esp with commodity ccy plus EUR, GBP, in light to the reaction of the ADP??

Yesterday's ADP reaction on the USDJPY pair seemed straight forward, but I thought I saw the EURUSD and other commodities pair going higher. Is this the expected behavior for this NFP also?