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Still Down Under

The IMC blog entered a long position in the September Australian dollar/New Zealand dollar spread at 4.31 cents (premium Aussie) on July 14th and exited at 2.11 cents (premium Aussie) on September 12th.  416 more words

Trade Exit

On July 29th the IMC blog initiated a long position in the Canadian dollar/New Zealand dollar spread at 4.75 cents (premium Canada).  The position was liquidated at 3.57 cents on September 1st.  330 more words

Currency Bill –

Country of Origin: Australia
Amount: 100 dollars
Year: 1996
Condition: Circulated
Reverse Image:

A Little History of Australia…..

This dollar bill is still in circulation and can still  be used as the legal tender in Australia. 117 more words

A break and retest of 7720 would a bullish change in behavior.  Event risk on Aug 2 with Bank of Australia Rate Decision. Expectations are for a rate cut

On Thursday, the Australian and New Zealand dollars  increase  against their U.S. counterpart, after the Federal Reserve’s decision to exit its monetary policy unmoved reduced demand for the dollar. 370 more words