Started new job...now working for an Fx broker.

Discussion in 'Currencies' started by knightrous, Mar 16, 2014.

  1. knightrous

    knightrous New Member

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    Let's just say there are some enormous Long positions being held in the Aussie.

    It has gained a bit of ground against the USD this week,Hasn't it?
     
  2. long88

    long88 Member

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    there is still a lot of hot money flowing to aussie.

    wait until those money leave Aussie, and we see both real estate and currency crashing..
     
  3. tolly_67

    tolly_67 Well-Known Member

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    Always a cause for concern....the majority are normally wrong.
    Interesting weeks ahead.
     
  4. knightrous

    knightrous New Member

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    Long88 has touched on a important reason that the Aussie is staying propped up

    The Amount of USD flowing in from China.....OH MY GIDDY AUNT!!
     
  5. boston

    boston Well-Known Member Silver Stacker

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    Has there been any discussion in Fx circles about the IMF's wish list for a currency reset?

    And if so, how do you see it play out for the A$?
     
  6. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    The amount of hot money inflows into Australia seems to be increasing. I have no idea what this means longer term, but it does have some immediate distorting effect on the local real estate market.
     
  7. knightrous

    knightrous New Member

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    Its is also along with other factors buggering around with the Value of the Aussie.

    Keep an eye on the USD though........
     

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