Tuesday, 5 April 2011

RBA stays at 4.75%

As predicted the RBA stayed on 4.75% with no rate raises coming in the near future. From what I understand there will only be one more rate increase this year. Good news for all of us paying a mortgage in Australia.

As for my positions, I am still short from both 1.04 and 1.035...looking to hold both to 1.0200.

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