I love central bankers' ways of wording things: "The Australian dollar is uncomfortably high". Or, "At some point in time in the future, the Australian dollar will be materially lower than it is today."
Let's see how far down Mr. Stevens can push the Aussie dollar just by using words. Not bad so far but yesterday we were up 75 pips so let's see if we come back down today.
Let's see how far down Mr. Stevens can push the Aussie dollar just by using words. Not bad so far but yesterday we were up 75 pips so let's see if we come back down today.