My favorite forex trade right now is shorting AUD/NZD.
After hitting a 9 year high of 1.3124 last week, the rally in AUD/NZD is losing steam. I should have posted about this earlier, but I think there is still room for the currency pair to fall.
Last week, the Reserve Bank of [...]

Posted in Australian Dollar, Favorite Forex Trades, New Zealand dollar, aud/usd, australian dollar forecast, forex blog, forex signals 14 Comments »

I was on the Business News Network this morning talking about my reaction to the Australian rate hike, the IMF’s report on Chinese Yuan undervaluation and my outlook for the Canadian rate decision
Click on image to access the video

Posted in 2009 canadian dollar, Australian Dollar, Bank of Canada, australian dollar forecast, china, chinese yuan No Comments »

I was on CNBC Australia last night talking about the outlook for the Australian dollar and the upcoming RBA rate decision

Posted in Australian Dollar, aud/usd, australian dollar forecast, forex blog No Comments »

I have been bullish Australian dollars for some time not only because I have witnessed first hand the strength of the Australian economy earlier this year but also because the central bank is slated to raise interest rates again in Feb. Australia’s recovery is largely thanks the expansion in China. Earlier this week, [...]

Posted in Australian Dollar, aud/usd, australian dollar forecast, chinese reserve ratio 5 Comments »

I was on CNBC Australia last night calling for a drop in Aussie - watch me on Bloomberg at 12:30 NY Time today

Posted in Australian Dollar, australian dollar forecast 1 Comment »