Short AUDUSD continuation

25 Nis 2019

The AFR writes: "The futures market is sending a clear message that the Reserve Bank of Australia will cut the official cash rate at one of its next two meetings, with a cut during the election campaign now more likely than not." This is going to accelerate the interest rate differential on the AUD and trigger even further selling.

18 May 2019

Not

I hope you have been staying short and making lots of money.