consider - complete void of suitable investment alternatives - Libors (unsecured funding) at sub 0% across 4 largest currencies creates non-fundamental demand - not everyone believes the BS that is called news - not everyone believes certain statistics that are posted - speculation does not follow fundemental movements
... and most importantly, multi year trends NEVER turn on a dime. What has taken nearly a month now has taken 8 years to get there.
Is it finished with? Couldn't care less. But if you are not on the right side of the trend, it's not their concern.
AUD Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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