AUD,NZD/Flows and Orders/FXWW News

AUD/USD: Battle going on in low .88’s amid heavy turnover

Asian real money names have been the big sellers of AUD/USD since it broke lower yesterday but our hedge fund insider @FXWW888 has been reporting in the chat-room that one of the local Australasian banks has been a very significant buyer again this morning.

  1. Hello Sean,
    Whats your view on USD/CHF, given the crazy market moves lately and all the positional adjustments don’t you think that its time for the CHF to lose some of its value?

    Thank you

  2. Hi Wassim, I hate these manipulated markets, intervention makes things v hard to read. My longer-term view is to sell rallies but I think we may get one soon, maybe towards .9500 again?
    Looks like an .88/.95 type range for next few months or somethg like that

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