Community
Blog
speculo_ergo_sum's Blog

speculo_ergo_sum's Blog

Avatar

GDP, The Course For Interest Rates and AUD

speculo_ergo_sum Posted 5 Dec.  in #Trader's blog #GBP #CAD #USD
This week was replete with macroeconomic data releases that shaped the trends for exchange rates. The Australian dollar was not the role model for the currency, influenced by the slew of these reports. Unlike for other currencies, the trend for AUD seems to be persistent for a long time to come.
The assertion of that sort, not immediately obvious, is rather plausible if dynamics of AUD over the course of last week is considered in context of GDP report and interest rate decision by RBA.
In its…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

The bright future for CAD

speculo_ergo_sum Posted 17 Nov.  in #Trader's blog #CAD #USD #Oil
Since the early beginning of 2012 the Canadian dollar has been in firm grips of bears – over the last two and half years it had shed 18% of its value against USD. Apparently the trend is about to change – the main fundamental reason, justifying this trend reversal, is setting in before our eyes. The main reason behind this rather optimistic statement seems to be obvious – CAD is the commodity currency that is highly correlated with the price of oil. The latter, falling rather sharply for the las…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

2 Comments
VictoriaVika avatar
VictoriaVika 18 Nov.

Good luck and Green Pips :)

verindur avatar
verindur 19 Nov.

Thank You for some key info. )))))

orto leave comments