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billv commented Jul 11, 2013This was to be expected because the record low interest rates make home loans more affordable. Housing construction should pick up as a result and housing is a big contributor to the Australian economy
Australia Housing Finance
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billv commented Jul 10, 2013A Grexit could be +ve for the euro. I believe they'll keep on lending them because they make money from the loans and they'll kick the can down the road as they have been doing for years so it will be someone else's problem in the future
'A Toxic System': Why Austerity Still Isn't Working in Greece
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billv commented Jul 4, 2013and the currency war continues...
Draghi sees subdued underlying price pressures over the medium term
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billv commented Jul 2, 2013This was to be expected and further growth in this sector s likely because of the record low interest rates and the relatively easy credit conditions. This means more jobs and growth in the economy but it also means property price increases
Australia New Home Sales Continue Slow Recovery
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billv commented Jul 2, 2013record low are the key words here
RBA Holds Key Rate at Record-Low 2.75% After Currency Weakens
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billv commented Jul 1, 2013The RBA will say this because they've essentially run out of bullets They can't reduce interest rates any further so they use words to stop the AUD from going up too much
Statement by Governor Glenn Stevens: Monetary Policy Decision
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billv commented Jul 1, 2013Austerity fatigue will soon be felt everywhere in Europe because there are no real growth plans. In the end something will have to give so governments and the ECB will eventually pay for this mess....
Portugal finance minister resigns amid austerity fatigue
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billv replied Jun 11, 2013There is no set rule, the SL depends on what time frame you are trading and the strategy you're using. On 15 min I use 20 pips by default but a friend of mine uses 12. If you use less the price often goes back and takes you out. It also depends on ...
Aussie Trading Room and Cartoons Gallery
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billv replied Jun 10, 2013let's say she's not my darling anymore....
I scalp it between levels waiting for a reversal but I'm losing interest. I closed a trade by mistake today and I stayed outAussie Trading Room and Cartoons Gallery
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billv commented Jun 10, 2013Why? were they predictable?
Merkel Says Euro Nations Must Follow Germany’s Lead on Growth
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billv commented Jun 9, 2013It is growing but only slightly and probably due to migration from the southern Eurozone countries
Merkel Says Euro Nations Must Follow Germany’s Lead on Growth
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billv replied Jun 7, 2013????
I think you'll find that most Australians won't agree with your comment, Fact is that there are no bigger wasters of public money than Labor and btw this is not only my opinion it's history which repeats itself again and again. ...Aussie Trading Room and Cartoons Gallery
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billv commented Jun 6, 2013Goldman Sachs must now be long AUD

Heading For A Weaker AUD As RBA Set To Cut Rates In July Then In Nov - Goldman Sachs
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billv replied Jun 6, 2013study the threads I sent you links on. (Look at your PM's)
Aussie Trading Room and Cartoons Gallery
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billv replied Jun 6, 2013He'll will destroy my ceiling if I take them off

Aussie Trading Room and Cartoons Gallery
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billv replied Jun 6, 2013It is surprising that the RBA hasn't put a floor to the AUD after such a big fall. Australia is not Japan, it imports most of the things we buy. We should now forget buying American cars and holidaying in the US. The good old days of Australian made ...
Aussie Trading Room and Cartoons Gallery
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billv commented Jun 5, 2013It shows how desperate unemployed people are, soon they'll be working for a loaf of bread.....
U.S. labor costs post biggest drop since 1947
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billv replied Jun 5, 2013hard to tell, it looks like funds, banks etc are still rebalancing their portfolios. June is the last month of the Australian financial year as well so profit taking by multinational companies could also be a reason for the sell off
Aussie Trading Room and Cartoons Gallery