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
- 
            Gold Bear or Correction
            by Ashraf Laidi | Oct 23, 2025 9:51
- 
            Gold Wave 3 تحديث موجات الذهب 
            by Ashraf Laidi | Sep 18, 2025 16:19
- 
            Forecaster App  التطبيق الذي كنت تنتظره
            by Ashraf Laidi | Jun 18, 2025 10:55
- 
            Updating GoldBugs تحديث مناجم الذهب
            by Ashraf Laidi | Jun 16, 2025 13:58
- 
            Breaking Debt Ceiling & Forex Brokers
            by Ashraf Laidi | Jun 6, 2025 17:33


 
                                     
                                

 
