NBerardis, its also worth mentioning that the RBA advised the market a few weeks back that they stepped in 0.60 and started buying AUD from their foreign reserves.
If they hadn't, who knows where it would have gone. I'm not sure if they will continue to do this or even if tell us if they do. It's my opinion that the aussie continues to look a little manipulated at the moment.
The RBA website says they can do this 24/7 from anywhere in the world. It'd be nice to know an RBA currency trader...
where to for the usd, page-27
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