the market here is useless, page-65

  1. yeldub
    5,500 Posts.
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    20/02/12
    19:52
    Post #: 9722778
    interestedtoo,

    My understanding is that the RBA will only intervene when there is an abnormal correlation in the value of the AUD like back in the GFC when it dropped suddenly to 65cents. I think the high AUD is here to stay for some time to come so they will not intervene.
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    lightbulb Created with Sketch.  Great analysis
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