You just have to wait for those MYG taking up the offer wanting...

You just have to wait for those MYG taking up the offer wanting to get out first before any traction can be sustained from the 'eyes' of the GP/AUD.

Today's CPI figures is rather surprising from the AUD rally and extrapolating it on a yearly basis is actually 1.7% so still below the consensus opinion of RBA's headline 2%+ that they like to maintain. One causation is that RBA likes to strip out volatile makeup at the derived figure and will strip out crude to give a better representation of the CPI. Just noise to me and the probability of rate cut has increased as the bandwagon of 'currency wars' heightened with the new enemy, DEFLATION. Watch the GP/AUD space for where our producers will likely go this year.