Last week I did a webinar at FXStreet on the outlook for the Aussie Dollar.
In preparing the presentation which is about 34 pages I had to go backwards and think not of the next trade or money making opportunity but what was driving the Aussie using my usual 5 driver process and how to explain that simply. Equally though I had to answer the question of whether or not the Aussie is a safe haven these days.
I think it is clear, and you will see in the presentation, that something fundamental changed in the middle third of 2011. This changed the flow into Aussie assets and the correlation of the AUD with its usual drivers.
Is it a structural shift or a cyclical shift and what does this shift mean for the long term outlook for the Aussie.
EDIT: FXStreet Keeps moving the Webinar but here is the Presentation from Scribd
If you are interested in the answers then this webinar will fill you in.
Recording of the webinar
Have a great day.
Please remember these are not recommendations for you to trade these are my views and I have my risk management tools and risk parameters that you do not have access to. Thus, this blog is for information only and does not constitute advice. Neither Greg McKenna nor www.globalfx.com.au has taken your personal circumstances, objectives or financial situation into account. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.