Monday, April 13, 2015

AUDUSD Bulls Are Wary Of Being Stung By USD Strength And/Or AUD Weakness

It has been an interesting session in Asia so far, with the US dollar losing ground against Asia’s traditional major currencies, the AUD, NZD and yen. The fundamentals of the US dollar haven’t changed since US markets went offline, but it looks like positioning in USD is driving the moves



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