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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST!
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To: CapitalistHogg™ who wrote (130)5/10/2007 11:11:42 AM
From: RockyBalboa  Read Replies (1) of 247
 
Yes, it is amazing. When the Quantas story broke, the AUD fell below 1 CHF. Now it is well ahead again.

One could say the EUR was a little bit ahead of itself. But the same applies to the Aud and the Kiwi.

There must be some liquidation as the EUR suffers in some crosses. Except the EURGBP which stays over 0.68, the pound is weaker and the GBPJPY did not see its 242 high when the EURJPY hit 163 and above.
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