Commodity FX (CAD AUD NZD NOK)

Great time to short AUD/CAD at around 1.0620, despite weak cpi data this morning, mind you Australia had weak labor data days ago.. Aussie way over its head imho. All bank forecasts I've see point to 1.05 to 1.03 rate in 1 year, AUD/CAD parity in 18 months...

ur right Q!.. aussie trends can humble many:-)
double and triple confirmations needed before calling reversals

thus far aussie is ignoring soft data from oz and china?!..
as a matter of fact aussie is ignoring just about everything for the last couple of (inside) days!:-)..

http://t1.gstatic.com/images?q=tbn:ANd9GcQjlcEbVyBEA136kIL5e0JyC252Vb86C4mR1epAqtboFwPnWD15

"CHINA: Market News International will release its flash China
Business Sentiment Friday at 9:35 am local (8:35 pm ET Thursday). In
December, in the final result (flash survey released one week ahead of
the final), the overall current business conditions index dropped for a
third straight month, to 52.78 from 54.64 in November and 58.47 in
October. The December reading was the worst since the 41.67 recorded
during the depths of the global financial crisis in January 2009. The
index was at 62.08 in December 2010. HSBC will also release its flash
China PMI Friday (+49.0 last). The market is eager for further
confirmation that China will not see a hard landing in 2012."

emmm, but jacek aussie dont like me, always lose or merely lose. :(

for china, hsbc china PMI may tell the truth.