Comments on: AUD/USD: Trading like a market that’s short https://fxww.com/audusd-trading-like-a-market-thats-short/ The Professional Source Thu, 28 Feb 2013 01:44:47 +0000 hourly 1 By: Sean Lee https://fxww.com/audusd-trading-like-a-market-thats-short/#comment-16755 Thu, 28 Feb 2013 01:44:47 +0000 http://fxww.dreamhosters.com/?p=5933#comment-16755 I don’t really think fundamentals come into it at the moment Doc. The reserve managers, China etc are all committed buyers and won’t change their ways. Hedge funds have been trying to push it lower but perhaps you’re right, and the Capex forecasts as well as recent RBA comments might be enough to shake them off their bear strategy??

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By: DrJohn https://fxww.com/audusd-trading-like-a-market-thats-short/#comment-16753 Thu, 28 Feb 2013 01:17:56 +0000 http://fxww.dreamhosters.com/?p=5933#comment-16753 Hi Sean. Do you think the planned expenditure for 2013/14 being slightly above expectations is enough to stoke the bulls into driving the AUD above 1.037

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By: Sean Lee https://fxww.com/audusd-trading-like-a-market-thats-short/#comment-16752 Thu, 28 Feb 2013 00:47:40 +0000 http://fxww.dreamhosters.com/?p=5933#comment-16752 Eventually yes Wassim but I don’t yet get the sense that the GBP mkt is overly short. I haven’t seen it bouncing on bearish news which is the ultimate giveaway.

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By: Wassim https://fxww.com/audusd-trading-like-a-market-thats-short/#comment-16751 Thu, 28 Feb 2013 00:44:25 +0000 http://fxww.dreamhosters.com/?p=5933#comment-16751 Hello Sean,
Don’t you think this applies to the Gbp where short positions will be wiped?

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