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billv commented May 8, 2012Room for what? to move interest rates lower? And for what reason? to make the super rich Aussie banks even richer? Every time the banks annouce profits they are up and up and up. And when there is an RBA rate cut the banks keep half of the cut for ...
Gillard: Return to budget surplus provides RBA with "maximum room to move"
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billv commented May 8, 2012DrZain, How's this for a possible scenario? Greeks stop paying interest on loans because with no bailout funds they can't do it and at the same time they stay in the Eurozone and they manage their budget with what they have
IMF calls for more German action to end crisis
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billv commented May 8, 2012Hammo, well said mate

Australian budget set to return to surplus this year
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billv commented May 8, 2012In theory it is positive but is isn't newsworthy so the big boys could ignore it. In the end currencies will find their true value and the value of AUD in my opinion is higher than what it is today so when it falls I buy it
Australian budget set to return to surplus this year
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billv commented May 8, 2012Your MT4 is the problem, get a different one

Greece's net budget revenues fell 10.2% in April Y/Y as sales tax declined 13.5%, according to...
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billv commented May 8, 2012IMO living within our means is very important and having a surplus is a good thing.
Australian budget set to return to surplus this year
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billv commented May 7, 2012be careful there guys, the big boys may have other plans. Remember that the economies of the alternative currencies are in trouble and the aussie $ is popular for the carry trade
Australia Trade Balance
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billv commented May 7, 2012It would have fallen if the central banks of USD and GBP didn't have the printing presses running....
Euro heading for freefall in echo of housing crash
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billv commented May 7, 2012The AUD/USD isn't the best pair to hedge because you pay high swap rate but if you are bleeding heavily perhaps you have no choice. If you look at the daily trend the pair is going down but I'm betting that the AUD will go up from its current ...
AUD/USD: Trading the Australian Trade Balance
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billv commented May 6, 2012Maybe this is good for EUR?
Brand New Europe: Neo-Nazis Enter Greek Parliament
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billv commented May 4, 2012Who can blame them? The Aussie is good value and has the best yield
Talk of asian sovereign buying AUD/USD…
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billv commented May 4, 2012Imo any pullback should be seen as an oportunity to buy silver, gold etc because the fed & ecb will have to keep the printing presses running for a long long time and their money is slowly turning to plain paper..... The only currencies worth buying ...
Crude Crushed, Stocks Slump, Silver Recouples With Gold
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billv commented May 3, 2012LOL Alcohol makes your blood thinner which in turn increases brain cell activity, your brain now thinks fibonachi and your trade entries and exits are just perfect

Aussie Beer Drinking Market Goes Flat, Slumping to 65-Year Low
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billv commented May 3, 2012Are you questioning the relevance of the article? You trade better when you are drunk

Aussie Beer Drinking Market Goes Flat, Slumping to 65-Year Low
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billv commented May 3, 2012I think it was due to the weather. We didn't have a good summer this year, it was unusually cold and we had a lot of rain
Aussie Beer Drinking Market Goes Flat, Slumping to 65-Year Low
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billv replied May 2, 2012Hi Raul I think it will go down from here. It seems to have support at 1.0305 but IMO it will break through it. In longer time frame in a range of 1.0450 – 1.0250. I think this range could hold, (unless some fundamental news comes out) cheers
Swing Trading Ideas
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billv commented May 1, 2012Smart moove in my opinion. It will bost consumer confidence and exports so the economy will get even stronger. This is a free gift to the labor party. Maybe Swann will get his budget surplus after all.....

Australia Unexpectedly Cuts Key Rate by Half Point
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billv commented May 1, 2012Big money should like it as well because now that the AUD came down it gives institutions the opportunity to go long and benefit from the swap rate
AUDUSD: Trading the Reserve Bank of Australia Interest Rate Decision
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billv commented May 1, 2012This rate cut is the best news I've heard for a while. To those of us with a mortgage it will be a considerable boost to our cash flow. We're all going shopping again

RBA Statement
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billv commented Apr 30, 2012Don't bet on it, the AUD is likely to keep going up because the USD is weak and because the Australian economy is still very strong
RBA Statement