abajwa

AUDUSD observation - possibly trading at heavy discount??

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Price currently held down by other market forces (i.e copper / S&P / USD etc ) but look at the bond spread! Only a matter of time before this turns up. Obviously this is only valid as long as the divergence from bond yields is maintained but definitely worth keeping an eye on as value should be higher
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