AUD unknown

Will be choppy price action on release, don't set stops anywhere...

  1. chookiewookie
    1,380 Posts.
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    28/01/11
    10:32
    Post #: 7801885
    Will be choppy price action on release, don't set stops anywhere near spot price at 12.30am.

    Good GDP will mean longer-term future interest rates in US will go up - hence differential between AUD and US will go down, so good for USD. AUD down.

    But - good GDP means good economy and good for shares, commodities - means AUD up !

    make sense yet???


    :)

    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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