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Posts by "callum"
241 Posts Total by "callum":
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Posts by Anonymous "callum":
NFP appeared good but clearly not enough to move the needle. If anything, it may have slowed EUR/USD prop into the sub 1.40 levels.
Anyone shorting?
1. SPX pushing higher and maintains above 1300. Test 1320?
2. Gold moving towards 1400 (and other commodity plays**)
3. Shanghai Composite floating higher.
AUD for now doesn't seem to be just a USD dollar story. It's back above key daily moving averages above the likes of the strong SGD. (I use SGD as benchmark against other Australasian ccy)
**While Ben B doesn't want to be blamed for higher commodity prices, commodity prices are continuing to push higher. I don't know if my correlations to commodities / gold to AUD is still valid ....