What is going on with FOREX today?!?!

Discussion in 'Currencies' started by pinkmanwhite, Jun 20, 2013.

  1. pinkmanwhite

    pinkmanwhite Member

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    3:30am today 1 AUD = 0.9547 USD
    Now 1 AUD = 0.9200 USD and falling

    Since when did the USA economy start doing well??!
     
  2. Altima

    Altima Well-Known Member Silver Stacker

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    Because mr bernankie said so?
     
  3. Kam

    Kam Active Member Silver Stacker

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    - Bernanke press conference where he left a door open for a stimulus slow down
    - China manufacturing PMI <50 for the second consecutive month
     
  4. JulieW

    JulieW Well-Known Member Silver Stacker

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    US dollar safe haven,

    and

    Amusement, cachinnation, cackle, chortle, chortling, chuckle, chuckling, crack-up, crow, crowing, fit, gesture, giggle, giggling, glee, guffaw, guffawing, har-de-har, hilarity, howling, laugh, merriment, mirth, peal, rejoicing, roar, roaring, shout, shouting, shriek, snicker, snigger, snort, snorting, sound, tehee, titter, tittering, yucking it up.
     
  5. tozak

    tozak Well-Known Member Silver Stacker

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    Liquidity = Liquidation = World Reserve Currency

    The inevitable second crash has begun, expect markets to freeze soon as the Politicians and Central Banks discuss bail outs in order to protect the buyers of Bonds

    Without a functioning Bond market the jig is up

    Cash sitting in peoples accounts will be the easy target, either via Inflation or direct "Taxation" all depending which country you live in
     
  6. jparrie

    jparrie Member

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    Drop you bastard!
     
  7. trew

    trew Active Member Silver Stacker

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    The big traders of the world are selling/shorting everything and AUD is just another market on their screens - no different to orange juice
     
  8. silvertongue

    silvertongue Member Silver Stacker

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    Goldman Sachs' recent trading advice to short the AUD against the NOK.... :/
     
  9. pinkmanwhite

    pinkmanwhite Member

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    Gaining strength... back to 93c
     
  10. pinkmanwhite

    pinkmanwhite Member

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    KRudd's move back to the top spot might do some interesting movements for the FOREX. Only time will tell...
     

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