Despite the headlines screaming that the days of parity are over the Aussie doesnt seem that keen to break out of the current congestion.
This is an interesting article from Wired the science mag. Although looking at the only graphic in the article I am not certain their metric is doing what the article claims that it is capable of doing. If you look at the graphic it began its move towards zero (the crash zone) in 2003 and…Details
In the past few weeks we have seen the market move between some fairly extreme ranges. The 15 day Average True Range of the S&P ASX 200 has moved from 35 points at the beginning of March to 56 points – this is a 64% increase in volatility inside 20 trading days. This movement presents…Details
Given the appalling week last week it is worth revisiting how some of our markets fared in the short term. Interesting to see that the Nikkei despite being savaged throughout the week only finished down 7.6%.