Looking at market reaction, one would assume the RBA cut rates last night, writes Stephen...
Looking at market reaction, one would assume the RBA cut rates last night, writes Stephen Koukoulas. The aussie dollar dove and overnight and short-term bond rates both fell. The traders positioned for a rate cut got it wrong and made money - cuts are coming, just not today.
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at MarketWatch.com (May 22, 2014)
at MarketWatch.com (May 9, 2014)
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