Distressed Volatility

Australian Dollar Preparing to Break Out

Great timing on that pop (I was watching aud/jpy), it was ready to break that 50 day mov avg. Just keep watching economic data, commodities, and central bank moves. If fear/deflation comes back there will still be pressure on the aussie dollar but w/ global monetary stimuli hitting the scene it could be a great play on the reflation trade..check out blog