Friday, September 6, 2013

Australia’s central bank mangles message on A$, rates





The Australian central bank’s attempts to talk down its currency have backfired as markets have pushed up both borrowing costs and the dollar on a view its easing cycle may be over.









via Business feed http://www.scmp.com/business/economy/article/1304590/australias-central-bank-mangles-message-rates

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