XJO 0.84% 8,295.1 s&p/asx 200

aud usd, page-3

  1. 11,522 Posts.

    Like Scotti, no experience, but it has kept swinging up to then be hit with a ultra short term credit crunch which strengthens the US. It starts again, but from a higher base. Don't think interest rates have been fully factored in yet due to the equity/bond market volatility, and then there is the unexpected continual year after year increase in commodity prices, especially Iron Ore, and now coal. Got to catch up to our fellow Canadian's!

    On past patterns this year, ~5% from previous high is the next high, but would be getting close in time to that now, but that last few percent goes very quickly.


 
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