Archived IMT (2011.01.25)

Watch Ashraf's detailed 10 mins interview on BNN about the ECB's hawkish talk, Ireland's changing political fortunes, UK inflation, this week's FOMC meeting and even this evening's Aussie CPI. http://watch.bnn.ca/#clip406236

AUSSIE FALLS across the board after Aussie CPI dropped to 0.4% q/q from 0.7%. I warned about these figures at my day-long Sunday workshop. As I argued in my BNN intervuew, I see Aussie falling by as much as 4% in the near term.