U.S N.F.P of april 5th Vs. AUD/USD

Apr 05, 2013 at 13:36
Vistas 593
2 Replies
Miembro desde Jun 26, 2012   posts 192
Apr 05, 2013 at 13:36
as the N.F.P numbers came worse than expected actually they produced very bad numbers in my opinion; the U.S dollar went south in most pairs .... but....

it was surprising me to see the aud/usd doing the opposite than all other pairs....aud/usd start to shoot down n its still shooting down while am writing this, am searching for a decent reason but i still i cant find it...

i checked gold price n yeah its shooting up... shouldnt the aud/usd follow that?!

one thing but i dont think it has big influence ... the usd/cad is shooting up currently due to cad news was worse than usd ones... :D

yeah normally usd/cad n aud/usd have negative correlation... but am still not convinced of that as a decent reason...

any other opinions??!

Bashar
Miembro desde Nov 21, 2011   posts 1718
Apr 07, 2013 at 18:14
Hi,

I have noticed the same on the afternoon.
But the friday morning a pro trader told me to be long on EURUSD, GBPUSD, EURAUD and short AUDUSD, NZDUSD.
So there is probably a good raison but I can't tell you why.

CrazyTrader
Miembro desde Jun 26, 2012   posts 192
Apr 07, 2013 at 18:27
actually all comdolls went against the other majors!
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