SaxoTV

Hardy on a crushed Aussie and a 'neglected' EURCHF

591 views
July 24, 2015 aud, audusd, aussie, aussie crushed, aussie dollar, australia, australia rates, australian dollar, break, chf, china, china data, china pmi, content, crushed aussie, currencies, currency, currency pairs, dollar, eurchf, euro, euro swiss, euro swiss franc, europe, foreign exchange, forex, forex markets, fx, glenn stevens, hardy, interest rates, john hardy, news, owen thomas, oz, ozie, pmi, positioning, rba, reserve bank of australia, saxo, saxo john hardy, saxo trading, saxo tv, swiss, swiss currency, swiss franc, swiss franc euro, swiss national bank, swissie, trading, trading floor, tradingfloor.com, video, video content, video news

Just how low can AUDUSD fall? It was hammered after the release of disappointing data from China and broke to new yearly lows this Friday. Saxo Bank's Head of FX, John Hardy, reveals he shorted AUDUSD on Thursday and tells traders how they could be playing this pair.

He also looks at EURCHF, what he calls a 'neglected' pair. It's been fairly range-bound of late but has been trading at three-week highs, above 1.0500. Could we soon see more movement here?