Trade Strategy
As Australia's bonds are tied to economic performance, stocks and Australian dollar/U.S. dollar will continue to rise. Further, as long as interest rates in Australia continue to rise and continue to be the highest of the industrialized world, economic performance and money flow into Australia and Australia's markets will be good. Any dips in Australian dollar/U.S. dollar during Australia trading hours should always be bought.
Australian dollar/Japanese yen, like its counterpart New Zealand dollar/Japanese yen, is a sell Japanese yen against Australian dollar during good economic conditions in Australia. Yet the Japanese would prefer a buy Japanese yen/Australian dollar so Australian dollars can be earned against yen. A disparity ...
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