Alpha-Bet said:the attempt at jawboning is laughable.
Still seems to be working very well for them. They certainly get enough practice.
Alpha-Bet said:the attempt at jawboning is laughable.
AusDoc said:Still seems to be working very well for them. They certainly get enough practice.
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GdayFx said:I use Elliottwave for longer term analysis sometimes, the Dollar could be bullish for some time at this point.
While some on financial markets are still betting on the chance of another official interest rate cut, Brett Le Mesurier says the Reserve Bank looks at actual borrowing costs for households, which are falling even in the absence of RBA action.
"I would be amazed if there was a future reduction in the cash rate," he said.
"I think the banks, through their ongoing increased level of discounting on mortgages and through offers such as these, will be doing the Reserve Bank's job for them of effectively reducing borrowing costs for a whole range of Australians."
AusDoc said:I was thinking at the top of that article, "yes, the CBA and it fellow banking club members have more precision instruments than the RBA" and then saw the same sentiment expressed at the very bottom.
Alpha-Bet said:I note the bills being revalued...
http://www.asx.com.au/prices/asx-futures.htm
Alpha-Bet said:I think we can safely say we now have end to cycle of cuts.
now all eyes on housing sector......