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The Hand of Scalpuman :: The Trading Holy Grail Forums :: Economic News, Market Comments & Opinions
 

 Short Australian Dollar/ Long US Dollar

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PostSubject: Short Australian Dollar/ Long US Dollar   Short Australian Dollar/ Long US Dollar Icon_minitimeTue Sep 11, 2012 11:48 am
Short Australian Dollar/ Long US Dollar


Quotes from Societe Generale Cross Asset Research:
-The Australian dollar is defying gravity in the face of the deterioration in the US and global manufacturing cycle. Meanwhile, the SG proprietary fair value models suggest the AUD is overvalued in the order of 25% versus the USD.


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