AUD falls to 70c ..if RBA lower rates by 1/4% on a crappy economy outlook., page-56

  1. gonegassed
    13,783 Posts.
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    19/12/14
    13:09
    Post #: 14487232
    I have been an economist for 30 years .. watched RBA move many times ..

    the RBA will lower interest rates to 2% in 2015.. regardless of the IO price ..Up or Down ..

    RBA watches unemployment, inflation, housing prices growth...and overseas US rates to determine its policy direction .. it does NOT watch Comodities !!!!!!!!!!

    your crazy if you think AUD and RBA watch gold copper oil or IO prices .. LOL !!!

    AUD moves .up or down re Interest Rates Directions
    Last edited by gonegassed: 19/12/14
    BCI Price at posting: 49.5¢ Sentiment: None Disclosure: Not Held
    BHP Price at posting: $28.84 Sentiment: None Disclosure: Not Held
    MGX Price at posting: 24.5¢ Sentiment: None Disclosure: Not Held
    RIO Price at posting: $55.99 Sentiment: None Disclosure: Not Held
    AGO Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    FMG Price at posting: $2.57 Sentiment: Buy Disclosure: Held
    GRR Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    AJM Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
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