Should we buy the Australian dollar?

The Australian dollar is most certainly one of them. At this point, if we could find value hunters coming in, that’s fine, but the real question isn’t so much as whether or not somebody will buy it. It’s whether or not they can push it above the 0.6725 level. If they could, then maybe we would have some room to move.

Is the Aussie dollar a continuation of indecision?

The Aussie Dollar on Tuesday has rallied slightly, but it is in a range of very choppy behavior, and I think we have a continuation of a certain amount of indecision. The market continues to pay close attention to the 0.67 level with the 0.66 level also being an area that matters.

Why is the Australian dollar getting a boost?

Keep in mind that the Australian dollar is highly levered to commodities, so that’s part of what’s giving it a boost, but at the same time. We have suddenly had a serious lack of geopolitical concern.