Top
New York  London  GMT  Tokyo  Sydney 

AUD pops up on latest RBA comments

By   || March 9, 2010 at 22:14 GMT
|| 1 comment || Add comment

Assistant Governor Lowe is on the news wires stating that the RBA sees economic growth at or above average for the next few years. Global risks need watching but the central scenario remains positive for Australia. Main challenge is to expand the supply side to satisfy demand without causing inflation.

Looks like the interest rate tightening cycle might be with us for a while yet. The AUD/USD has popped from .9135 to .9155 on these comments.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

One Response to “AUD pops up on latest RBA comments”

  1. Solange on March 9th, 2010 22:28 GMT

    Good morning, again, Sean. So, who sold it off – almost immediately?

Bottom