AUD/USD: 2012 has been a very tight year

Thanks to David at Arab Bank for pointing out that the AUD/USD will only have a 10 big figure range this year, when over the last decade we have become used to ranges of between 15 and 20 big figures. This is even worse in percentage terms when we consider that the AUD/USD is trading at multi-decade highs. A bit more volatility would be nice in 2013, thanks very much.

  1. HotSpot FX predicated at early this year trading volume will be down this year, and they are right. Right now, they predict next year will see volume bounce up.

    Hope they’re right again.

Leave a Reply

Your email address will not be published. Required fields are marked *