Intraday Market Thoughts
Adding 10 & 2 yr Spreads to this AUD Cross
by
Feb 25, 2014 20:07
Yesterday we made the technical case for fresh longs in AUDNZD Premium trades. Today we introduce 10 and 2-year government yield spreads to another trade involving the Aussie. This particular Aussie cross is +7% year-to-date, while the Australian 2-year yield spread over this currency's 2-year spread is nearing 3-year highs. Tonight's Aussie Q4 construction figures (19:30 ET, Wed 0:30 GMT) are expected at 0.2% from previous 2.7%, while Thursday's release of Aussie Q4 Capex should also add more clarity to the currency. I referred to the pair as the perfect storm in my Feb 5 seminar and the last 2 weeks have confirmed so far.
The 3 charts with full details of the trading idea are in today's Premium Insights.
Latest IMTs
-
AAOI & the Fed
by Ashraf Laidi | Dec 11, 2025 19:22
-
3 Qstns for Today's Fed Meeting
by Ashraf Laidi | Dec 10, 2025 15:40
-
5 Stocks Worked for me Best in 2025
by Ashraf Laidi | Dec 5, 2025 14:42
-
Silver 150 Highly Plausible
by Ashraf Laidi | Dec 4, 2025 11:19
-
4264 Gold
by Ashraf Laidi | Dec 2, 2025 13:56




