The Aussie dollar has been very noisy over the last few weeks, and it now looks like we are going to remain range bound in general. In this situation, I think that you have a noisy market just waiting to happen.
US indices tracked higher as an upbeat jobs report quelled some worries following jobs data last week.
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The USD/JPY continues to see a lot of noisy behavior, as the market is trying to sort out what the risk parameters truly are. At this point, the market is currently hanging about a major trend line.
The Aussie dollar continues to see a lot of sideways action, as the markets are trying to price in the risk of a global slowdown. With the Aussie being so heavily influenced by commodity exports and Asian growth or slowing, this is a market that will almost certainly be a
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