I posted yesterday on a couple of influences traders are noting for the Australian dollar. Known unknowns (its the unknown unknowns that'll kill ya!).
China metals is one:
- China falling futures contracts (eg iron ore down nearly 10%) weighing on AUD
- Links in this post to earlier information on China emphasising commodity traders stay within the law
The RBA is the other:
- HSBC argue that the Reserve Bank of Australia will lag when it comes time to tighten monetary policy
Like I said, these posted Monday, but I know a few folks will be coming back from an extended weekend so re-upping them here. And, staying tuned for any new developments.
