Currencies are telling me….

February 12, 2024 Leave a comment

The currency markets are currently telling me that the mood is “risk-off” which opposes (and somewhat belligerent) the mood of ‘glamour’ equity indices barrelling higher.

The Aussie Dollar is aimless with a bias towards lower prices.

Specifically against the USD, I see it visiting the 0.6350 region and ultimately holding 0.6150 (+/- 30 pips).

There is similar pattern recognition in the #AUD/JPY and the AUD/CHF.

February 12, 2024

by Rob Zdravevski

rob@karriasset.com.au

#riskmanagement

Filed under Finance & Investment Tagged with , , , , ,

Unknown's avatarAbout Rob Zdravevski
Global Investment Advisor & Portfolio Manager Australian based, Global Work rob@karriasset.com.au

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