Great time 2 short with NFP underway

5 août 2016

Important Comments in -Aud- Monetary Report

• RBA SoMP: Underlying Inflation To Remain Under 2% For Much Of Forecast Period, Reach 2 % By End 2018
  
• RBA SoMP: Judged Risks Associated With Rising House Prices And Debt Had Diminished
  
• A$ Remains Significant Source Of Uncertainty For Inflation, Growth Forecasts
  
• GDP Growth Looks To Have Moderated In Q2 As Net Exports Added Less
  - Wage Growth Expected To Remain Low, Rise Modestly Out To 2018
  

11 août 2016

Note

1st trade- ended with small pips after the retracement. 2nd run - reshorted at 0.771 . AU is near trend resistance on 2D chart ----> <deleted> Will add more shorts if Usd news is good 2morrow.