AUD seems to do this - quickly down and quickly up. We are a small country of only 24 million and can't really get much larger even though the govt. is hell bent on doing this. Therefore this move is not a surprise.

AUD/USD Technical Analysis: Longest Win Streak in 2 Years

Only these 3? Those, in the western world, who should be in court pleading their cases against their death sentences for crimes against the people and actual treason in many cases, number in the thousands. From USA to Australia and NZ. From UK to ...

Ben Bernanke: 6 fun facts you didn't know

Yes! Based on a complete falsehood. What concerns me the most are the morons which espouse these ideas and preach how we are destroying the earth and we need taxes, carbon trading schemes and other scams. I've taken a new tack with such people and ...

Carney warns of risks from climate change 'tragedy of the horizon'

Easily fixed - ensure you pay enough tax to cater for them. They are victims of the FUKUS countries, so it's only fitting those countries take care of at least some refugees.

Carney warns of risks from climate change 'tragedy of the horizon'

Climate change is a $22 billion per per year scam. Climate change is a tautology - climate always changes. I also believe alternative forms of energy are secreted from us, so that makes it an even bigger scam. Global warming he says? We in AU are ...

Carney warns of risks from climate change 'tragedy of the horizon'

Looks like it's ultimately the work of that little dweeb who raised the prices of existing drugs to exorbitant and utterly ridiculous levels. Instant karma beetchez!

Dow tumbles 313 points as biotech gets crushed

Yeah, that price was not having a recession since the early 90s and probably not having one in the short term future. AU is 24 million people servicing the resource needs of 1,500 million people and the rest like India, other parts of Asia and the ...

Australia pays the price for relying on China

How frigging corrupt can you get? It seems to be institutionalised in western countries. Time for CTRL -> ALT -> DELETE on the whole caboodle. Then there's that little question of Deutsche Bank with their $75 trillion derivatives time bomb. That's a ...

Volkswagen CEO Winterkorn Steps Down Over Emissions Scandal

I believe there never was going to be a move. It's all manipulation via expectations. A rate rise would harm the US economy. Business and residential investment would be less profitable. Consumption of durable goods would decline. The cost of ...

Fed's window for 2015 rate hike is closing quickly

My good friend owns a factory which mainly exports foodstuff to China. He says the lower AUD is good for exporting, however it can't get too low as they import materials to make their products. He thinks it's too low now. Personally, I want it as ...

RBA Bulletin

I was calling for the ousting of this govt. a while ago on this very forum. It's good to see the Liberal Party heeded my advice. LOL! Same party, different govt. ministers.

RBA member sees hope for budget repair

I simply don't think so, even if they suffer a nuclear strike! They have 1.4-5 billion people and their labour laws mean they can get their workers to work as slaves to the death if need be in order for the economy to succeed. Their culture despises ...

Will China crash?

This sounds like the way to go does it not? I can see them attracting more clients, especially in these volatile times, by doing this.

Dukascopy creates new Gold-denominated XAU accounts

There was always talk about infrastructure projects to boost the economy but the incompetent govt. has done nothing. They should all be sacked pensionless. In fact anyone undertaking a govt. position should be microchipped and tracked as they ...

Reserve Bank of Australia's Glenn Stevens prods leaders holding back reform

It's good news for AU, no doubt about it. Unemployment jumps from 6 to 6.3pc, despite 38,500 extra jobs url The reason why unemployment jumped despite much better-than-expected jobs growth is that the participation rate soared 0.3 percentage ...

Australia Labour Force

It's probably more and more people actually looking for a job even though about 40K extra jobs were created.

Australia Labour Force

However the unemployment figure went from 6.1% to 6.3%. AU is not down and out however and certainly not like EU or USA, although I'm not sure of the real situation in the USA.

AUD/USD: Trading the Australian Employment Change

They are actually moving jobs from the Melbourne suburb I live in to Adelaide in South Australia. The jobs have to do with ship-building. They are also moving the govt. commission I work for to another city 100 kilometres away. I won't be going. I ...

AUD/USD: Trading the Australian Employment Change

Since Greece are in the EZ, this headline must read, "European banks plunge 64% in three days". How can anyone have faith in the European banking system if they behave like this? Closing the banks to pressure Greece was not a smart move, not at all. ...

Greek banks plunge 64% in three days

Is it really 405%? I thought it was $USD2.3 trillion and 82% of GDP? I'm not sure Brexit would be as catastrophic as Grexit would be for Greece as they are trapped by this euro beast, a monster at its best! Britain is gripped by political ...

Greeks Should Vote Yes