So here is an article on Oct. 29th explaining how Stevens said that Aud was already unusually high. I am assuming Aud has reached the unusual height again at .9540. I cannot see it going any further. The RBA will put some serious road blocks if it does. Even if the employment data comes out well, Aud is destined to go lower (this all of course if the RBA is being honest and I think why not).
Mr Stevens also had words of caution for foreign exchange investors, saying the recent rise in the Austra…
Mr Stevens also had words of caution for foreign exchange investors, saying the recent rise in the Austra…