currency, page-11

  1. Skipperx
    1,605 Posts.
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    09/10/08
    05:47
    Post #: 4363333
    Humpty Dumpty,

    it's not the RB cut in rates that is tanking the AUD....it's the unwinding of the Yen carry trades and the repatronisation of investment capital back to foreign countries.

    International investors want to see their money back home, next to them.
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    lightbulb Created with Sketch.  Great analysis
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