AUD unknown

turn-around likely soon ?, page-6

  1. ronstieb
    9,326 Posts.
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    22/07/11
    13:12
    Post #: 8712980
    Schiff could be right, he's basing his call (for lower USD) on what the US usually do, ie, print more money combined with loose fiscal policy.

    There is a chance, imo, that the Republicans will force some fiscal restraint/spending cuts as part of the debt ceiling deal.

    If so, we might get a short term pop in the USD.

    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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