2008 October 07 | Gav's trading blog

Archive for October 7th, 2008

Black Aussie Monday

Posted on October 07th, 2008 in Trading Journal

OH Crap. AUDUSD falls below 0.75 for the first time in 2 years. Stock market took a tumble. All ordinaries lost around -3.3% today. What’s going on? On the paper, the reason, as expected, “people are expecting a 50bp rate cut tomorrow”. Well, probably. Anyway, it is indeed a bad day.
Here are some random thoughts..
It [...]

Tags: AUDUSD, Trading Journal

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