Two lines in the RBA Minutes and a Holiday Rally
December 20, 2011 
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Two lines in the 3rd to last paragraph of the Reserve Bank of Australia’s minutes for December set off a holiday rally in not just the Australian currency but in the other financial and commodities markets as well. The RBA actually lowered their interest rates becasue of concern for the continued crisis in Europe but did concede: “On the one hand, [...]
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