We highlighted the commodity currencies back in April and May, when we had a couple nice trades on FXA and FXC. After big moves lower in the first half of 2013, the Aussie dollar and …
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The Aussie Dollar has acted more like an emerging market currency in the past 2 months. It declined greater than 10% against the USD from mid-April to early June. That’s an enormous move for any …
Continue readingThe dollar had a massive move higher yesterday. Not a long-term breakout yet, but it’s setting up that way. The dollar is the single biggest medium of exchange in the global economy, so its price …
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