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  1. U

    Perhaps another IR Drop

    Iron ore babyyy Now below $US 50
  2. U

    Perhaps another IR Drop

    No the RBA is not intervening in the markets at this stage. It's an expensive exercise. It's only jawboning / using interest rate levers / signals to "manipulate" the currency.
  3. U

    Perhaps another IR Drop

    The AUD has been way above fair value for quite some time in the past few years. The RBA would love to see it way below fair value for some time yet.
  4. U

    Perhaps another IR Drop

    Who cares about imported "inflation" when the world is in deflation? Besides, other currencies are going down too. The rest of the world can sell us at lower prices and have little impact on them because their local currencies have gone down as well. It's a USD story, full stop. The rest...
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