Forum Posts by : pippedoff (Forum Member)

PippedOff

Posted Anonymously

14 years ago

Mar 9, 2010 18:20

In Thread: Gold, Oil & Indices (Equity & Bond Indices)

I ahve backed up the truck and shorted AUDUSD big gtime here at 0.9142, Gold at 1123.5, gpdusd at 1.0510 and euro at 1.3611.

I have also just faxed a letter of appreciation to Stevens at the RBA for the gifts he has given.

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 18:07

In Thread: Commodity FX (CAD AUD NZD NOK)

@Expert-I could not have put it any better!

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 18:06

In Thread: Gold, Oil & Indices (Equity & Bond Indices)

Thank the RBA as they pushed AUD up 90 pips in 4 hours based on zero news. However, they are just about out of bullets, and the reality of their overpriced overhyped currency will set in.

Whe top in AUD will be hit within 24 hours, if not already at 0.9140

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 16:43

In Thread: Commodity FX (CAD AUD NZD NOK)

Xaron - I repeat. You yourself referenced the same report regarding RBA and FX transactions. However, you misread it and interpreted it as RBA selling AUD in FX. The report actually stated RBA sold a basket of currencies non-AUD in FX open market.

Xaron, so what was the contra-currency in those transactions? Yes! AUD.

Explain the USDCAD pair? Loonie is a high yielder? Yeah, so is GBP.

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 16:37

In Thread: Gold, Oil & Indices (Equity & Bond Indices)

Rumor has it that the RBA has stepped in and started buying the Gold the Chinese said it would not buy currently as prices are too expensive because it knows it can buy gold at significantly lower vales. But the RBA says they will pay and price for any asset which may prop the value of AUD higher.

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 16:01

In Thread: Commodity FX (CAD AUD NZD NOK)

Xaron-don't know why except that is a matter of pride for them to "yield" the strongest G-10 currency (pun intended, lol). You've mentioned the report Ive referenced a few times, which the RAB discloses it continuously sells a basket of currencies (ex-AUD) in the FX martkets. They were on record way back in the low 0.60s a few years ago of intervening on a regular basis.

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 15:44

In Thread: AUDNZD Looking for a Turn

The RBA wont let any currency pair with the letters A - U - D in it be down for long. Immediate 70 pip goosings at the first hint of trouble.

THE RBA is to AUD what the PPT is to U.S. equities. Eventually, their little manipulations get overwhelmed by the market.

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 15:41

In Thread: Commodity FX (CAD AUD NZD NOK)

Once again, when USDCAD about to break out to the upside and AUDUSD to the downside, out of nowhere the RBA once again frantically sells a basket of all securities vs AUD to support its local currency.

Real CBs like SNB sell their currency in FX. However, remember the national pastime in Australia these days is buying AUD at any price.

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 15:33

In Thread: Commodity FX (CAD AUD NZD NOK)

The RBA's fingerprints are all over the latest 70 pip in 2 hour rally in Aussie

PippedOff

Canada

Posted Anonymously

14 years ago

Mar 9, 2010 7:58

In Thread: Gold, Oil & Indices (Equity & Bond Indices)

for them, it;s a matter of public pride.

A few weeks ago a report was released where the RBA admitted it SOLD various currencies in the open FX market against the AUD.

Posts by "pippedoff"