asia up, australia down, $a up, page-19

Sorry guys,

But I've asked the experts and they are still predicting another Aussie interest rate rise in Feb. (25bp)

Although we can look at international factors, the RBA looks to domestic spending and aussies are still burning up credit. The US will hold rates down far too long because of the pending election, but an $AUD neutral position is still believed to be higher.

Cheers