Many thanks Adam for the helping hand this morning, excellent work.
The AUD has been hit hard after the low CPI number and unless the EZ debt situation suddenly gets a lot worse, we can almost certainly price in a rate cut of 25 bps next Tuesday. RBA Asst Governor Debelle said as much yesterday.
Contrarian technical traders (like myself) should start paying much closer attention to some of the AUD crosses, GBP/AUD in particular.
