Can anyone suggest with any certainty which way the aussie dollar should react on tonight's news of global co-ordinated rates cuts?
I have taken a bad timing hit these past few weeks ... a drill rig I am importing from America is now a whole lot more expensive ... >$100k more expensive.
I can settle anytime between now and December .... mmmm which way to jump?
Opinions welcome.
Regards
Dex
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David DeTata, Managing Director
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