Friday, 20 September 2013

Oh Lordy!

Aussie dollar hits 91.6 cents! 

Might have to unwind my USD position a little. 

Crumbs, what an exciting few weeks on the currency markets!

In spite of the share market correction, futures markets are pricing out a July interest cut (17% chance). It's hard to envisage with the dollar falling and property prices moving up strongly.

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