Intraday Market Thoughts
RBA's Aussie Quandary
by
Oct 29, 2013 14:30
The RBA faces the quandary of an overheating housing market, rock bottom interest rates but a strengthening currency. Yet, the central bank cannot cut rates any further due to fear of endangering a re-emerging housing bubble, while simultaneously facing a rising currency in a tepid economy. Full charts & analysis
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