Intraday Market Thoughts

RBA's Aussie Quandary

by Ashraf Laidi
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

RBA's Aussie Quandary - Aussie Macro Oct 29 (Chart 1)


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