Today's Trade: Monday 4th November 2013

Jarratt Davis

Special Consultant to the FPA
Messages
1,495
The focus today is on the Australasian currencies after better than expected data from China over the weekend (PMI – 56.3 Vs EXP 55.4) which was the highest reading in over a year. Australian retail sales also came out much better than expected at 0.8% Vs EXP 0.4, giving the AUD a boost leading into the London session. Look for opportunities to buy the AUD currency and NZD currency during today’s session, but moves could be muted as we await the RBA rate statement tomorrow.
 
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jerrywoo

Recruit
Messages
2
The focus today is on the Australasian currencies after better than expected data from China over the weekend (PMI – 56.3 Vs EXP 55.4) which was the highest reading in over a year. Australian retail sales also came out much better than expected at 0.8% Vs EXP 0.4, giving the AUD a boost leading into the London session. Look for opportunities to buy the AUD currency and NZD currency during today’s session, but moves could be muted as we await the RBA rate statement tomorrow.

Hi jarrat, when you say to buy AUD and NZD, do you mean that we use our own methods to do this /

Thanks
 
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Jarratt Davis

Special Consultant to the FPA
Messages
1,495
Hi jarrat, when you say to buy AUD and NZD, do you mean that we use our own methods to do this /

Thanks

Hi Jerry,

Yeah the calls are designed to give you a fixed direction for each pair and the reasons behind that direction (So you can have some confidence in it) But you can pretty much trade them with any strategy you may prefer :)

If you ever have any questions about the trades you can by all means type them in and I will help you and guide you in any way that I can!

J
 
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