Or... with the strength of the dollar and a slow down in world demand then our exports may of decreased.
The GDP figures yesterday could well be a result of the fiscal stimulus package propping up the local economy, fueling increased demand for imports.. all in all a reweighing of the trade balance.
Having got that out of my system, I am not a funnymentalist, so I am still looking for a fall based on T/A.
nb. I am not too comfortable that it broke the resistance at 8345 last night, so I'll stand aside. (though my money is on the downside to see out the fifth wave)
AUD
unknown
rate decision tues, page-34
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