29.07.2014 9:09 AUDUSD
AUDUSD: pair receives support from S&P agency
Buy on a level breakthrough of 0.9421 with 0.9495 target. Stop loss = 0.9370.
Reason for the trading strategy.
Today, S&P agency confirmed Australia's credit rating at AAA, with a stable outlook. At the moment, the yield spread between 10-year government bonds of Australia and the US is 96 basis points, despite the US being lower on the S&P rating scale: AA+, which makes the nominal yield in investing in Australian bonds higher.
AUDUSD, H4
AUDUSD: pair receives support from S&P agency
Buy on a level breakthrough of 0.9421 with 0.9495 target. Stop loss = 0.9370.
Reason for the trading strategy.
Today, S&P agency confirmed Australia's credit rating at AAA, with a stable outlook. At the moment, the yield spread between 10-year government bonds of Australia and the US is 96 basis points, despite the US being lower on the S&P rating scale: AA+, which makes the nominal yield in investing in Australian bonds higher.
AUDUSD, H4
0 commentaires:
Enregistrer un commentaire