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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
looking for audusd to bounce also...fear premium really built into it below parity...if China does blow up though lookout below, although reckon China too bent on world domination/ super 'superpower' to stop now...
AUDCAD looks good for shorts on longer term charts...was it AL who suggested this is like an iron ore on oil play? if China's slowing up...however the world still needs energy....there's other fundamentals at play concerning the country's themselves too. just a thought
Kiwi & loonie looking favorable to the upside as well, against the usd...
...with AL on CAD longs...the economy is doing relatively well compared to the rest of the global players out there...
"Goldman Sachs revises 12-mo $AUDUSD outlook to 0.98 from 1.08"..
http://www.moneyshow.com/video/video.asp?wid=8317&t=3&scode=027664
Ashraf