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- 6 Results (2 Replies, 4 Comments)
- Bl6194815 commented Aug 5, 2013
That will create a momentary spike within Australia. Though it won't be enough to deter the RBA to reduce by 25. My view is that the RBA will reduce by another 25 points in the early part of 2014.
Australia Retail Trade
- Bl6194815 replied Jun 26, 2013
LOL I agree; though it looks like it is listeining to you now EatPIPS! Finally I see 149
Geppy's Geppy Thread (GBP/JPY)
- Bl6194815 commented Jun 5, 2013
True, either way it is good to see some movement. Now the question...How long will the momentum last?
UK new business grows at fastest pace for over three years
- Bl6194815 replied May 29, 2013
I agree. I am systematicaly reducing the number of long positions. The correction hasn't propperly tested the Fib 23.6 on the Weekly chart; so there is still room for downward movement. At the same time testing above/towards 154.440 is also still on ...
Geppy's Geppy Thread (GBP/JPY)
- Bl6194815 commented May 29, 2013
Agreed. The reduced Chinese growh forecast will do nothing but lock in a long-awaited correction in the AUD. Thx China
Warning - derelict Australian economy ahead
- Bl6194815 commented May 28, 2013
Agreed. None of the major mining companies (on which the Australian economy runs) has ANY major capital investments on the cards for the next 5 years. Even the recent federal budget recognises the reduction in capital investment. The AUD needs to ...
Warning - derelict Australian economy ahead