Recent content by scorlett

Im in total agreement. Cant see any reason to short the AUD for the reason mentioned above. Commodities, in particular gold (the correction seems to be over) and the expectations of interest rate hikes. I am also Long, but again dont have such a good buy in price.

that really didnt answer my question. You state obvious assumption which I already understand. All I really want to know is that technically speaking would an increase in inflationary pressure be more likely to: - devalue the dollar cause its purchasing power on the global market is less...

I am relativley new to the whole fx trading game and was wondering if anyone could answer me a question regarding inflation. Prequal - I only trade the AUD/USD. My current position is long at .7382. Next week in Australia when inflation figures are released it is expected that inflation...