Here we go - the way is paved for negative interest rates

Discussion in 'Currencies' started by Midnight Man, May 2, 2013.

  1. Midnight Man

    Midnight Man Member Silver Stacker

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    Midnight Man, May 2, 2013
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  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    If it comes to fruition, it may mean the AUD will remain above parity even if the RBA knocks a % off the cash rate, now the ECB rate is 0.5% while the RBA's is 3%, that's a big difference. Of course that's nothing compared to Brazil's at 7.5%.
     
    mmm....shiney!, May 3, 2013
    #2
  3. hiho

    hiho Active Member Silver Stacker

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    financial terrorists
     
    hiho, May 3, 2013
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