Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
1...113114115116117118119120121122123124125126127...312
GaryDNY
New Jersey, United States
Posts: 3
13 years ago
Apr 7, 2011 2:59
I'd say money coming OUT of NZD and CAD to get long higher-yielding AUD...
Rezz
Vancouver, Canada
Posts: 53
13 years ago
Apr 7, 2011 2:57
Watching relationship between AUDUSD, NZDUSD and AUDNZD.. Looks like AUDNZD buying and higher volume profit taking as ashraf alluded to (upon a good print) is pulling NZDUSD down!! Signalling smart money is getting out now while amateurs are buying the good news??
GaryDNY
New Jersey, United States
Posts: 3
13 years ago
Apr 7, 2011 2:45
Primarily full-time... 32.1K FT, 5.7K PT.
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 7, 2011 2:41
any details on were the strong # came from f/p time ?thanks:)
GaryDNY
New Jersey, United States
Posts: 3
13 years ago
Apr 7, 2011 2:35
4.9% unemployment; +38K increase - both better than expected... should revive rate hike talk.
GaryDNY
New Jersey , United States
Posted Anonymously
13 years ago
Apr 7, 2011 1:55
Respectfully disagree - No chance of RBA rate CUT from this event... Full/Part Time component breakdown critical in Australia employment data. If you look at the last release, AUD immediately reversed its initial loss after negative print because the Full-Time component was so strong...
GD
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Apr 7, 2011 0:00
Aussie Jobs Next

ASIA PACIFIC PREVIEW: AUD/USD rallied to a fresh record high Wednesday after two days of declines ahead of Thursdays employment report at 0230 GMT. The market may still be priced for a slightly higher print than the 23.1K consensus after a 10.1K contraction in Feb. This leaves AUD vulnerable as the RBA described rates as mildly restrictive in Tuesdays rate decision. A second negative print may prompt a rate cut later this year while AUD bulls may start taking profits quickly after a print
near +40K. BANK OF JAPAN: decision has no fixed time but is usually delivered around 0400 GMT. A press conference follows. The yen will continue to take out stops as the BOJ announces further dovish measures.


AB - AshrafLaidi.com Staff

Ashraf
Rezz
Vancouver, Canada
Posts: 53
13 years ago
Apr 6, 2011 19:54
To put things in perspective, in 2-3 weeks the Aussie has gained +7.67% ( 0.9705 - 1.0450), and the Kiwi has gained +8.77% (.7120 to .7805). These are typically % changes that takes months to build up. Dont know what else to call it other than speculative stop hunting by big money hoping for a quick liquidity crunch just as in what happened with USDJPY, or even the flash crash last year when the USD strengthened very rapidly (reverse of current situation).
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 6, 2011 2:19
and thats a good point u bring up with hurting commod if cbers start to tighten ..i would think it would weigh on gold 4sure..but @ the end of the day i think the only thing that matters really is what the fed does:(..ok gl/gt:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Apr 6, 2011 2:18
@rezz..micheal hewson brought up a good point and said the markets might punish eur if it goes throught with a rate hike..as its seen as a bad move for pigs..but ashraf mentioned to me awhile back the cbers really don;t care for politicial or there bad decsions..so might be hard to say if anything is priced in really but i agree with all the talk over the last few mths of rate hike it could be a buy on rumour /sell on news:(..ok gl/gt:)
Report Reply
1...113114115116117118119120121122123124125126127...312