will aud break 91c??, page-13

  1. DSD
    15,757 Posts.
    well done to those who were long prior to ann and done good. I reckon Stevens has surprised mkt as a technique to 'fire a warning shot' to borrowers to warn them to NOT expect rates at 49 yr lows are here to stay. I expect thursday's job numbers to be ordinary and suspect RBA will not raise again this year. But bear in mind they(RBA) don't meet during january. Commodity exporters certainly won't like the stronger AUD and RBA is aware of that. But he needed to send a message... and today's 'surprise' will produce the required media publicity.
 
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