AUD 02 (Feb 12 - Dec 20)

[iam802]

Table: How Australian Economy Performed Since Feb Meeting

http://www.kathylien.com/site/australia ... eb-meeting

RBA meeting coming up. Here’s a table on how the Australian economy performed since the last monetary policy meeting in Feb. As you can see, there has been as much improvement as disappointment but the pullback in manufacturing and service sector activity is particularly worrisome. Market is pricing in 50bp of additional easing from the RBA this year and based on recent data, the RBA will need to remain dovish

[kennynah]

interest rate remained at 4.25% (announced at 0330hr 6Mar2012)

[kennynah]

kangeroo money jumping off the cliff... new low of session 1.0519 done minutes ago

[kennynah]

this is a SHOCK !!!

00:30GMT
Australia
Trade Balance (Jan) -6.73B actual 1.53B 1.32B

[winston]

On CNBC:-

"Expert" talking about parity within 6 months.

Remember those "experts" talking about parity on the EUR ? i think they still have not managed to wipe those eggs off their face yet

[kennynah]

it could well become parity... when only mah

On CNBC:-

"Expert" talking about parity within 6 months.

Remember those "experts" talking about parity on the EUR ? i think they still have not managed to wipe those eggs off their face yet

[kennynah]

i am thinking of going LONG now at about 1.04

[winston]

Have a look at the few Commodities Indices ie. Rogers, CRB & Jefferies ...

[kennynah]

so, you are saying, it's not a swell idea to go LONG on aud now?

Have a look at the few Commodities Indices ie. Rogers, CRB & Jefferies ...

[winston]

Ha Ha ... dont know.

The Commodities Indices used to lead the AUD but with things in real time now, that lag is getting smaller ...