Another 25 basis point rise again. Sure the economy is doing well, but really are we jamming on the brakes too hard too early?Time will tell, 3.5% is still a very low rate though, but caveat is the banks' rates are much higher. Oh well... more »
What a poor door at the stock markets today. Major indexes been dropping 1%- 2% for third day running now, and AUD to US is now < 90cents.
Speculation. And next tuesday's RBA decision will probably give it more direction, and the AUD can go either w… more »
The dollar has been climbing steadily (should drop back today hopefully). Seems folks are betting on the prospect of an interest rate rise from the RBA in the coming months.
Speculation?
If there's anything in the economy yet to be fixed, this will… more »