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 [...]
Entries Categorized as 'australian dollar forecast'
My Favorite Forex Trade: AUD/NZD
March 8, 2010
Reaction to Australian Rate Hike, Outlook for Canada Rate Decision
March 2, 2010
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
Outlook for Australian Dollar
March 1, 2010
I was on CNBC Australia last night talking about the outlook for the Australian dollar and the upcoming RBA rate decision
AUD/USD and Chinese Reserve Requirements
January 12, 2010
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, [...]
Further Losses in AUD
December 16, 2009
I was on CNBC Australia last night calling for a drop in Aussie - watch me on Bloomberg at 12:30 NY Time today
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