The world has entered into the race of money printing, the difference here is the market don think EU is over printing but enuff to solve the problem for the time being as compare with US wh will keep printing indefinitely.
With AUD, it will come down, but not now, don suprise to see it ouch thru 1.07/8 before it retrace on the cup/cut day next week.
1.07/8 put option premium looking very attractive ATM if you believe the AUD will head back to parity by 21 Dec this year.
AUD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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