Good Morning Viewers. I know from being an appliance retailer exactly what effect an interest rate rise will have on consumer spending.
My thoughts over the last days lead Me to wonder if ... 1) The reserve bank does raise them anyhow to simply "Be The First"!
2) By raising them in will keep the overseas funds flowing in our direction.
3) The Reserve will not want our AUD USD straying too far from where it is now.
( By the way this is my first post on AUD forum & yet I ALWAYS read what ALL of You have to say... CDMTDM is currently the winner from what I have obsereved in "Taking the best shot" ( and getting it right!) )
Thanks for Your time PJN
AUD Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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