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by Ashraf Laidi
Posted: Jan 25, 2013 18:17
Comments: 22
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This thread was started in response to the Article:

Currency Wars & ECB's Shrinking Balance Sheet

Are the euro's gains just starting as the ECB balance sheet shrinks further from LTRO repayment?
 
 
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nicky123
Alabama, United States
Posts: 4
11 years ago
Feb 2, 2013 5:45
next week aussie may cut interest rate, aussie may go up to 1.05 before further down side, it is quite unusual as cut interest rate would normally mean the currency is weakening.
Saka
China
Posts: 29
11 years ago
Feb 2, 2013 2:01
Dear Laidi.
From the monthly chart of AUD/USD and EUR/AUD, I feel that the top of Aussie is coming. Especially the latter one, a sHs has formed already. So I have opened a short position of AUD/USD at 1.052 and a long position of EUR/AUD at 1.281. I hope this would be another a big trend just like USD/JPY. Do you have some instructional tips?
:-)
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