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Good day all ,
When looking to he effect of the news on all currencies we can notice that the AUD is on the tick ,
I mean words like these ,
The Australian dollar fell after the governor of the Reserve Bank of Australia Governor Glenn Stevens said on the possible reduction of interest rates in the future, noting that the rate of the Australian currency, thus, must also decrease. This important comment was made just a week before the August RBA meeting, and sent the Australian dollar in sharp decline.
They said - possibility - but not yet .
When we where waiting the USA Non-Farm Employment Change , a huge change expected to USD value ,
what happened is we got the rate , jump dawn ,pull back slowly up again , but what happened to the Gold .
So what i noticed is that the news and rates effect is not go direct to the USD , JPY or the EUR , these are like twins share the results of the side effects on the victims , this is not an expert analysis , it is just my point off view , when there is
a major news , go to the weak victim , see for example the GBP/AUS , can you count the pips up and dawn , I like this pair by the way , jumping like a a Kangaroo .
I like to share this image to post your opinion , who will pay more,
the majors - drivers - or the other currencies- passengers - .
Wishing you all a profitable deals and a lot of green pips .
Regards
Emad
When looking to he effect of the news on all currencies we can notice that the AUD is on the tick ,
I mean words like these ,
The Australian dollar fell after the governor of the Reserve Bank of Australia Governor Glenn Stevens said on the possible reduction of interest rates in the future, noting that the rate of the Australian currency, thus, must also decrease. This important comment was made just a week before the August RBA meeting, and sent the Australian dollar in sharp decline.
They said - possibility - but not yet .
When we where waiting the USA Non-Farm Employment Change , a huge change expected to USD value ,
what happened is we got the rate , jump dawn ,pull back slowly up again , but what happened to the Gold .
So what i noticed is that the news and rates effect is not go direct to the USD , JPY or the EUR , these are like twins share the results of the side effects on the victims , this is not an expert analysis , it is just my point off view , when there is
a major news , go to the weak victim , see for example the GBP/AUS , can you count the pips up and dawn , I like this pair by the way , jumping like a a Kangaroo .I like to share this image to post your opinion , who will pay more,
the majors - drivers - or the other currencies- passengers - .
Wishing you all a profitable deals and a lot of green pips .
Regards
Emad