XJO 0.12% 7,822.3 s&p/asx 200

guys I really think you need to look at some currency charts....

  1. 746 Posts.
    guys I really think you need to look at some currency charts. I'm not playing at present but there is some major volatility amongst with 10% swings in days. This does not appear healthy and I have to consider, for instance, the RBAs intervention putting a floor on AUD may be temporary. In the current environment, how much, for how long can the RBA afford. IF the AUD and others crack - (esp some of the Asian and smaller European currencies) I reckon we could be on the cusp of disaster. Please watch them closely. No way are swings this large a good thing.
 
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