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kingleeny commented Jul 7, 2015This is the most amusing thing ever. I wonder what would happen if the USA had the same problem and one of the states wanted to leave the UNITED STATES. IF Hawaii left, what would happen to the USD?
Greece PM Tsipras to present new plan at eurozone summit
- kingleeny commented Jul 7, 2015
Part of his speech "In Australia, the available information suggests that the economy has continued to grow over the past year, but at a rate somewhat below its longer-term average. The rate of unemployment, though elevated, has been little changed ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- kingleeny commented Jul 7, 2015
china just lowered there interest rate which devalued the currency. It will cost China more to import from Australia. Do you you think AUD wants to keep its currency expensive?
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- kingleeny commented Jul 7, 2015
It has no right to be at .7483 with rates at 2% The carry trade on this is too risky given the market environment. Commodity turnarounds take most and with China slowdown only way for the country to keep up with business is though stimulation, tax ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- kingleeny commented Jul 1, 2015
Turn a blind eye to a soar number and you will be burned. What additional information do you need? there biggest trading partner slowing down. There neighbor country NZ is in a knife downfall. You think maybe just maybe this maybe due for a fall ...
Australia International Trade in Goods and Services
- kingleeny commented Jul 1, 2015
That's the news of the day?
Creditors Don't Trust Greece's Latest Plan
- kingleeny commented Jul 1, 2015
commodity currencies will be hit harder as time passes. Look at how NZD is going down further and further and the CAD weaker and weaker. AUD is the next one that will be hit the hardest. living near the region...they are the most valued out of them ...
New Zealand Fonterra dairy prices -5.9%
- kingleeny commented Jul 1, 2015
this is a joke seriously...you could only laugh for believing in them. As their is no such thing as inside information trading in FX. Only way is rigging which the banks have paid their price.
Tsipras prepared to accept all bailout conditions - reports
- kingleeny commented Jul 1, 2015
its confirmed false. Because if that was the case Tspiras government might as well just give up and resign from political office. without a fight. What would be the point of all that. humerous
Tsipras prepared to accept all bailout conditions - reports
- kingleeny commented Jul 1, 2015
if it was accepted. dont you think it would go up a little more? should really look into the source of the information. it is quite laughable.
Tsipras prepared to accept all bailout conditions - reports
- kingleeny commented Jun 28, 2015
1.6 Billion is not significant money to Europe or Russia. It is a blimp of profits from even their oil companies. The significance is the impact on EUR as the stability in which the Euro countries formed will be compromised.
Eurogroup statement on Greece
- kingleeny commented Jun 27, 2015
China's investment in the equities market are invested by only low % of the population. It should definitely help for exports. This does not necessarily help the commodity currencies, because they make bulk of their sales by exports to china.
China Cuts Lending Rate to a Record Low After Stock Market Slump
- kingleeny commented Jun 27, 2015
Well if you want to bet against the EUR it would be best to do it against the USD since it is the only country leading the world in its recovery. It has always been the case historically. However, it is not the current leaders fault. They are ...
Greece’s Tsipras Calls July 5 Referendum on Bailout Demands
- kingleeny commented Jun 24, 2015
Well the market is looking for action and it certainly is getting it.
Odds of a Greek deal are suddenly falling
- kingleeny commented Jun 22, 2015
In anyway you slice it or dice it....Even if they come to a deal, EUR may only see a very quick upward or it may go down immediately. As majority of news have been cooked into the EURO. Whenever there was bad news about USD EUR has been going up. ...
Extraordinary Eurogroup Meeting - Press Conference
- kingleeny commented Jun 22, 2015
Saving the Euro maybe that the Greece is kicked out. Just think about how small the GDP is of Greece yet it is causing so much more damage to the equity and debt markets of the world. It is like an annoying gnat at a bbq.
Schauble: "We don't have substantial proposals"
- kingleeny commented Jun 22, 2015
it is over...what are you waiting for?
Schauble: "We don't have substantial proposals"
- kingleeny commented Jun 22, 2015
Can any experts. Identify why AUD is the only one still resilient? I just don't understand as all the fundamentals and momentum points toward downside.
ECB raises emergency funding cap for Greek banks - banking source
- kingleeny commented Jun 21, 2015
but because they are a major exporter, they to keep up with demands at muxh lower prices so that they will come back to purchase
RBA's Edwards: Australia dollar still too high