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billv replied May 30, 2013It could do but consider that there will be an interest rate decision early next week and the RBA is unlikely to be cutting rates this time around or in the near future so the AU direction should be up
Aussie Trading Room and Cartoons Gallery
- billv commented May 30, 2013
This is not my understanding of the economy. I work in Engineering and we currently don't have enough people to manage the workload. With housing construction increasing at the time when we have road, Gas, Rail and the NBN projects on the way what ...
Australia Building Approvals
- billv commented May 29, 2013
This is to be expected as businesses are still looking at cutting costs and preserving profits so they are delaying capital expenditure but this situation wont last long because companies need to grow. China and Asia are still expanding and ...
Australia Private Capital Expenditure
- billv commented May 29, 2013
housing construction is soon going to take off, boosted by the record low interest rates and the continued shortage of housing.
Australia Building Approvals
- billv commented May 28, 2013
so Australian mining company profits should now increase and even if lower commodity prices result in less USD's, the fall in the AUD will balance things out and protect profits
Australia mining boom transitions to the next phase
- billv replied May 23, 2013
And you know what happens? As soon as you close the trade, the price goes your way
Aussie Trading Room and Cartoons Gallery
- billv replied May 23, 2013
If its a large account consider hedging while the AUD is looking to find a floor.
Aussie Trading Room and Cartoons Gallery
- billv commented May 22, 2013
share prices have come down a lot and now that the AUD has fallen considerably shares purchased with USD's could be an attractive option
Australia’s Ultra-Rich Are Now Less Ultra-Rich
- billv replied May 22, 2013
Maybe you need to see where you went wrong and revise your trading plan?. In this instance the USD has gained a lot of strength and it is possible that it could retain it, so be prepared for that possibility. There will be times when we are wrong so ...
Aussie Trading Room and Cartoons Gallery
- billv replied May 22, 2013
oh so you still have your account? With all those all longs I thought you would have blown it
Aussie Trading Room and Cartoons Gallery
- billv replied May 22, 2013
If you dont blow that account you'll retire rich
Aussie Trading Room and Cartoons Gallery
- billv replied May 22, 2013
IMO direction will depend on what news comes out
Aussie Trading Room and Cartoons Gallery
- billv replied May 22, 2013
Possible but unlikely, the Aussie has fallen a lot and Australia is the only Western country with a decent economy and real wealth. Also, according to Saxo bank there are more short retail traders than long (54% vs 46%) so my thought is that the big ...
Aussie Trading Room and Cartoons Gallery
- billv replied May 22, 2013
Do you think he wants to kill the US economy? If he allows the USD to strengthen further, unemployment will shoot straight up
Aussie Trading Room and Cartoons Gallery
- billv replied May 22, 2013
People with longs, I guess it should be of concern that the Aussie is ranging at the bottom
Aussie Trading Room and Cartoons Gallery
- billv replied May 22, 2013
haha you seem to know a lot, are you the guy Arman is looking for?
Aussie Trading Room and Cartoons Gallery