second time ive posted this tonight, but amen some of you guys should be earning whatever your earning a year. my hat goes off to you for your insight!
I'll join folks saying thank you - but I have to also admit to puzzlement in understanding where you all find this information out (and, probably more importantly, interpret it!). Thanks for the informative posts!
Isn't this thread missing an "AUD TO DA MOON!" post? Maybe traders are taking paper profits from their gold and buying up other currencies rather than leaving it in USD
If CPI is rising at a pace higher than expectations it's quite healthy for the dollar to rise, you would not want it to fall as it would only intensify the increase in CPI. If the CPI rises and as a result the dollar rises you can argue the rise in CPI means nothing as the rise in the AUD should cover for the CPI rise. But unfortunately this does not translate into prices in supermarkets ect who like to constantly increase margins.
Could this be the answer? http://etfdailynews.com/2011/07/25/...eddon-trade-placed-against-the-united-states/ Someone dropped a bomb on the bond market Thursday a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. In one moment, an invisible trader placed a single trade that moved the most liquid debt market in the world.... The trade was for block trades of 5,370 10-year Treasury futures executed at 124-03 and 3,100 Treasury bond futures executed at 125-01. The value of the trade was about $850 million dollars. In simple terms, if that was a direct bond buy, no one would be talking about it. However, with the use of futures, you have to have margin capacity behind the trade. That means with a single push of a button someone was willing to commit more than $1 billion of real capital to this trade with expectations of a 10-to-1 return ratio.... WOW...
