RM
The current price of AUD is factored for a 50 point cut.
If the USD keeps gaining momentum then we could see the AUD dive below 8500.
Dont think the interest rate cut will have a massive influence on the price of Centro shares.
You might want to short the AUD like I have. Current position 8640 SHORT.
I am leaving shares and commidities alone atm as there is too much choppiness going on. I did 20k on OIL contracts this week expecting the price to go over 120.
Good Luck
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- tue sept 2nd 2:30pm interest rate statement
tue sept 2nd 2:30pm interest rate statement, page-2
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