Ausie interest rate decision??

M

marketsurfer

any thoughts on the forthcoming interest rate comments in Australia this evening NY time?? im short the aud.usd pair here.

any kiwi traders care to comment?

thanks,

surf


7:30 pm NYC time---

surf
 
Widely expected to stay the same,. I'm more interested in the trade balance to be released at 0130 GMT. May put more pressure to the downside tonite, but upside is bias. Looking to buy on dips below 8800
 
Quote from marketsurfer:

any thoughts on the forthcoming interest rate comments in Australia this evening NY time?? im short the aud.usd pair here.

any kiwi traders care to comment?

thanks,

surf


7:30 pm NYC time---

surf
More...

The AUD has definitely been overbought against USD, so this little pre-announcement correction makes sense... I think buy the dips reigns supreme, as well. You really think .8950 is all this mkt has left?
 
Quote from cstfx:

supposedly a bunch of stops in the 10/15 range
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thanks. seems that way---8880 was also suppose to contain substantial stops. i think this spike is going to retrace.

surf
 
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