Boost....Yes PB and the recent 1.4 Billion big buying volume spike in the XJO on Dec 19th was the first of that money to take us higher IMHO.
The same money IMHO just came out on the recent high on march 20th (1.2bil) and our market will now IMHO fall away until the prices become more favourable again.
If the AUD continues to respects this support line and the Yen weakens over the next few months I think you will once again see the carry trade money hit our market in around late May/early June with higher lows in July
repatriation..... is just the other side of the trade.....unfortunately can't have it both ways.
As mentioned this is my interpretation of how the billions of $$ carry trade money effects our market and I may be well off the money myself!
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