Tuesday, September 4, 2007
SHORT AUD/USD
We are bullish dollar on GBP/USD and also AUD/USD. We are short 5 x 100k lots on GBP/USD for a move down to 199.50 and then again down to 194.50. We have bought a quick 3 x 10k lots for tonight's rate decision on AUS/USD due at 7:30pm EST... Markets are very choppy and carry trades are still moving the market in JPY crosses leading the way.
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