In one promising development today, the arse is departing from the Australian dollar, currently trading down towards 96.5 cents. First it was Bernanke and then Ford in the two step:
On a longer time frame the key levels are last year’s low at 95.70/80 and then huge at 94 cents (h/t Deus Forex Machina):
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Having refused to keep the dollar down and successfully hollowed out the economy in the process, I can’t wait to see the heroes at the RBA buying AUD.