Today's Trade: Monday 30 September

Jarratt Davis

Special Consultant to the FPA
Messages
1,495
Weaker than expected manufacturing data from China has put further pressure on the Australian dollar - and with concerns growing over the possible government shut-down in the US - traders could be looking to flee to the safe haven currencies during today's session. Look for further selling opportunities on the AUD/JPY pair as it drops, but also if it decides to pull-back.
 
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Jarratt Davis

Special Consultant to the FPA
Messages
1,495
sir
can you please explain why and how the tax law will make jpy strong??
Hey Bannla,

Apologies for the delay, I have replied to your initial question in the last thread :)

If you need anything else, just let me know!]

J
 
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Jarratt Davis

Special Consultant to the FPA
Messages
1,495
what do you think about NZD/USD where is it going to?
Hi Millions,

I think it will carry on up (Unless something fundamental changes)

I would half expect a pull back to maybe 81 area ... But ultimately I think it could reach 85 - 86 within the next 12 months.

Hope that helps!

J
 
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tim61468

Private, 1st Class
Messages
69
Hey Jarratt just snagged your book off Amazon this weekend.. Its been a great read!
 
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