What is going on with FOREX today?!?!

- Bernanke press conference where he left a door open for a stimulus slow down
- China manufacturing PMI <50 for the second consecutive month
 
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.
 
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
 
The big traders of the world are selling/shorting everything and AUD is just another market on their screens - no different to orange juice
 
Back
Top