Gold77, your guess as good as mine post news reaction. The price action is telling me that the anticipation of no rate cut today so I don't think more selling post news. AUD tradrs I suspect have factored this anticipation with the price now in rally mode leading into the news.
If the xjo rallied into the news like the March/April factoring economist consensus forecast that disappointed then the big sell off of the disappointment. Here the market looks clearly expecting no stimulus.
Code of Conduct - Tuesday, page-18
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,109.9 |
Change
18.000(0.22%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,091.8 | 8,116.9 | 8,041.3 |
| XJO (ASX) Chart |