AUD exchange rate?
how often does the RTA adjust rates? and how likely are they to drop AUD
rates in the next 6 months?
"Paul O" wrote in message
u...
Relative interest rates!!!
Australia's are among the highest in the developed world at the moment -
thus the punters buy AUD.
When either the RBA drops our rates, or the USA raises their interest
rates - the AUD will falter and fall (if the differential is high
enough)!!
Plus there are a few other factors - inflation rate, political stability,
trade balances etc - probably not as significant as raw interest rates
just
now!!
"4000 psi" wrote in message
news:U9mNb.4166$Xq2.2081@fed1read07...
whats driving the AUD recovery though? and when will it end ... this is
nuts!
"Gerrit 't Hart" wrote in message
u...
"4000 psi" wrote in message
news:YbhNb.3772$Xq2.1869@fed1read07...
the US dollar has fallen compared to the AUD quite a bit ... any
ideas
on
when/if there'll be a recovery?
your thoughts are appreciated?!
The TV news here in Oz keeps telling me that the AUD is at a 7 year
high.
Seems to me that the it is the AUD which is doing the recovering!
Gerrit
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