FROM KIMBLE CHARTING SOLUTIONS
Since April of last year the Australian $ has a decent track record of predicting when the 500 index was about to be put under pressure. The Aussie $ is now back at the levels that has suggested investors should guard the value of their risk assets.
Investors who are long risk assets and their want to see the Aussie $ head higher from here...Don't over look Aussie $ nor let it kick your assets around!
Since April of last year the Australian $ has a decent track record of predicting when the 500 index was about to be put under pressure. The Aussie $ is now back at the levels that has suggested investors should guard the value of their risk assets.
Investors who are long risk assets and their want to see the Aussie $ head higher from here...Don't over look Aussie $ nor let it kick your assets around!