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eames chair 10-11-2007 03:27 PM


Originally Posted by jelly (Post 3755186)
so what you think the fed has a loosening bias and the RBA has a tightening bias hence the margin between US and AUD interest rates will blow out making the carry trade more attractive and hence the appreciation in the AUD against the USD? i wouldn't have thought we would see such a disparity that AUD would get to .9994 USD.

Yes along with rising commodity prices. And look for RBA interest rate increases next month and early in the new year.

go long on aud/usd pair.


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