Are Aussies pretty thick or just down in the dumps.
From latest Consumer Confidence Survey - Rate rise expectations post big jump – 60% now expect higher rates.your
There will be winners and losers if NZD and AUD appreciate sharply. Large commodity exporters can get hit. Earnings from the tourism sector too will drop.
AUD/USD is benefitting from speculation about another interest rate hike from the RBA after a higher-than-expected CPI report and strong retail sales figure.
With little on the Australian economic calendar this week, AUD/USD traders’ focus will be on US developments.
For AUD/USD bulls, the ideal setup would be a controlled dip back to previous-resistance-turned-support near 0.6700 to allow a secondary entry on a retest of the breakout level
dro up nearly 100% now in just over a mth , els moving but get there i reckon on an update i reckon
I had a look at the time. Thought they were expensive. Guess very expensive now lol
Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.
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Originally Posted by winner69
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