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Making sense of a rise in price (AUDUSD)
v
Obecné
Jan 12, 2015 at 07:49
Thank you guys for your responses, you've given me a few things to think about and look out for. It's good to know there are those who can make some sense of this even if it may take a while to understand
Making sense of a rise in price (AUDUSD)
v
Obecné
Jan 11, 2015 at 12:50
Thanks for your reply. It's so annoying to watch the market react like that lol I would be so much comfortable understanding why things happened even if it was retrospectively. I have some experience in Fx but I decided I would try to make sense of the fundamentals - I guess that's not such a great idea.Thanks again
Making sense of a rise in price (AUDUSD)
v
Obecné
Jan 11, 2015 at 09:34
Firstly, I'm a new comer and I'd like to say hello to everyone on this forum. I know the question I'm going to ask is very broad but I'm hoping that there is something simple I'm missing that someone can point out to me. On Friday (9 Jan 8:30am) AEST the US data for unemployment was released and it showed the unemployment rate dropped but strangely the AUDUSD rallied at the exact same time - can anyone please explain this?I've been trying to make sense of why AUDUSD went up and not down given such good news from the US? Any help would be appreciated. Thanks
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