The Aussie is pretty much set to collapse this coming week. I may be wrong. Often I am.
Currently at .9080
So much for the collapse.
Now what was that comment about making predictions, and looking like an arse? Anyone else still on the 4PW's bandwagon?*
My sources tell me that despite the increasing carry trade, everyone trying to keep ahead of the game may begin to unwind soon. The Fed is starting to look at it's quantitative easing, which to me is the one big impediment to the USD improving against the aussie. Might be time to take a step back and watch for a bit. Forget about the alleged 'tightening'- a bit of slight of hand to try and stoke confidence.
Once again, I am getting mixed messages from oz- some saying things are grim, job losses etc, others (and the official unemployment numbers etc) saying the opposite. What do others 'feel'?
*
So long and thanks for all the fish, 4PW's