Comments on: Chances of RBA rate cut increase https://fxww.com/chances-of-rba-rate-cut-increase/ The Professional Source Fri, 30 Nov 2012 01:02:10 +0000 hourly 1 By: Sean Lee https://fxww.com/chances-of-rba-rate-cut-increase/#comment-9376 Fri, 30 Nov 2012 01:02:10 +0000 http://fxww.dreamhosters.com/?p=3308#comment-9376 Hi Iridium, I should have mentioned that the futures market had already moved significantly before this data, up from 63% yesterday, so this minor data is just icing on cake for those expecting a rate cut. You are right of course, RBA puts much greater weight on international issues over last few meetings

]]> By: zenfxtrader https://fxww.com/chances-of-rba-rate-cut-increase/#comment-9374 Fri, 30 Nov 2012 00:51:07 +0000 http://fxww.dreamhosters.com/?p=3308#comment-9374 The data is clearly softer than expected, yet the teflon Aussie is unaffected! Intriguing. This could be a case like the Sherlock Holmes ‘Dog that didn’t bark’ story…

]]> By: Iridium https://fxww.com/chances-of-rba-rate-cut-increase/#comment-9373 Fri, 30 Nov 2012 00:48:16 +0000 http://fxww.dreamhosters.com/?p=3308#comment-9373 Good morning Sean,

Really? Isn’t the Chinese data much more important? If 85% expects a rate cut, the absense of it next week + the long period without any further RBA intervention will make the 1.05/1.06 barriers toast…

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