Commodity Dollars: Canadian Retail Sales Surge, Will Aussie CPI Follow Suit?
This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-10-24
With the RBA still considered hawkish – but unlikely to raise rates before year-end – hotter than expected CPI data could keep the bullish tone in the Australian dollar alive and well. On the other hand, a decision by the RBNZ to leave rates steady - as expected - could lead the New Zealand dollar to sell off slightly.
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