Australia October Consumer Inflation Expectation down to 1.9% vs 2%

Nov 14, 2013

DXY begins to correct lower in earnest on Yellen dovish musings

The US Dollar Index (DXY) is correcting lower in decisive fashion now after days of delaying the inevitable Yellen-related decline. Once she started to share her thoughts on life, it was “game on” for the DXY bears.

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Nov 14, 2013

AUD/USD looking like a high reward / risk ratio trade for the bulls. Thanks Janet!

AUD/USD may have bottomed with Tuesday’s sell-off as the cross was oversold and two Fibonacci levels of support were tested. Today’s Yellen-related rally in the cross just accentuated the obvious technical set-up.

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