re: daytrades september 07 afternoon AUS$ article
pump and dump on Bob Katter announcement. wonder what awaits us once other 2 decide. possible mining tax impact as well.
hopefully no impact on daytrades but worth noting.
http://news.smh.com.au/breaking-news-business/a-risesfalls-as-katter-backs-coalition-20100907-14yxz.html
$A rises/falls as Katter backs coalition September 7, 2010 - 2:14PM
AAP
The Australian dollar has risen and fallen sharply after North Queensland independent MP Bob Katter said he will back the coalition to form minority government.
At 1334 (AEST) on Tuesday, the Australian dollar was trading at $US0.9178, up two tenths of a cent, according to IRESS data.
The Australian dollar fell back to $US0.9157 almost immediately after Mr Katter's announcement.
On Monday the local unit closed at $US0.9170.
? 2010 AAP
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