Seeking Alpha
  • Paulo Santos
    Since some follow me, I wanted to warn that I have closed my AUD/USD shorts a while ago and would avoid shorting it for a while now.
    10/9/12
    Reply (8)
    • PSalerno: We already talked about that. I closed too, but I am still long CAD and EU. On 10/28 strong bearish signal for AMZN !
      10/9/12
    • Sean Bellamy McNulty: Why's that Paulo? What was the catalyst? I'm long NZD/USD.
      10/9/12
    • Paulo Santos: Sean, iron ore recovered a good part of its plunge. Until it plunges again, QEInfinity might be more of a catalyst, suporting AUD.
      10/9/12
    • Paulo Santos: But I do expect iron ore to weaken again, and will reevaluate shorting AUD then.
      10/9/12
    • Whitehawk: So you are expecting "risk-on" or a flatline?
      10/9/12
    • Paulo Santos: I'm expecting QEInfinity to work like the other QEs and take things higher. But I'm not betting on it since fundamentals would point lower.
      10/9/12
    • Paulo Santos: It's a hard environment. Once iron ore resumes its drop I will go short AUD again, though.
      10/9/12
    • Sean Bellamy McNulty: Appreciate the feedback Paulo.
      10/11/12