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Published on Aug 2, 2016
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August 2016: In charting the markets Nicole Elliot says USD/JPY will
continue to trade in a 5 yen range either side of 100 until the end of
the year creating ‘Fantastic trading opportunities'. The Japanese
cabinet on Tuesday approved the government’s $266 billion stimulus
package. Nicole also looks at USD/AUD and says there is further downside
for the Australia 200 after the RBA cut rates to a record low of 1.5%.
She also charts the Nasdaq 100 as it hits the highest in 16 years.
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