carrytrade
Long

Carry Trade Revival

FX:AUDUSD   Australian Dollar/U.S. Dollar
57 0 0
Aussie doesn't yield much these days, but yield is yield.

I'm not playing this for yield like the big guys though. That is only an added bonus.

I see some serious capital appreciation for the Aussie dollar in the coming months ahead.

Should go hand in hand with commodity strength.

I am targeting .9550 and 1.00 parity before Aussie begins to decline once again.

22 Feb 2014
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