AUD/USD $1.076?!? Krudd says Ausgov won't manipulate currency(article)

Discussion in 'Currencies' started by Blockhead, Apr 21, 2011.

  1. Ernster

    Ernster New Member

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    Im not so sure I want a crash in the AUD anymore....petrol prices would hurt big time.
     
  2. Forge

    Forge Member

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    Actually it is a very 'foreign affairs' statement. It is a statement to people worldwide that your capital is safe here. In a market where capital is looking for a new 'safe haven', that statement and more importantly the history that backs it up is very pertinent.
     
  3. hiho

    hiho Active Member Silver Stacker

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    In the name of free markets thankyou Kevin 11. Never thought I would say thankyou to that cretin
     
  4. villiagegate

    villiagegate New Member

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    So happy to see this (albeit a few days late), Penny Wong has alluded to the 'wave of investment' that is coming. Rudd now saying this. I'm glad these guys understand international capital flows and are positioning us. I didn't get it till I started reading Martin Armstrong.
     

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