Fundamentally I got Aussie strength on the horizon, whilst the EU is all over the place.
I'm seeing a big fall coming, with the EU basically stagflating and AUD being buoyed by Chinese recovery, gold price increases etc.
Even though we've seen positive data for the Euro this week, the effect on the FX has been negligible.
Can't see the Euro doing much more than it has recently against the Australian Dollar.
Could be a great trade for me this one...
I'm seeing a big fall coming, with the EU basically stagflating and AUD being buoyed by Chinese recovery, gold price increases etc.
Even though we've seen positive data for the Euro this week, the effect on the FX has been negligible.
Can't see the Euro doing much more than it has recently against the Australian Dollar.
Could be a great trade for me this one...
Trade active