Only way we have a sustained AUD rally is if RBA change rate bias. Wont happen. It might rally a couple of cents here or there but medium to longer term its going down especially with yield differentials closing.
Regardless, I would argue aud stable here is also good for the fact that if people expect it to fall long term and they add to their international stock portfolios. Great for retail flows.
I'll take both ways.
Ann: Funds under Management - February 2014 , page-6
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$8.49 |
Change
0.000(0.00%) |
Mkt cap ! $1.461B | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.67 | $8.48 | $3.088M | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1950 | $8.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.59 | 5048 | 2 |
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