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View Full Version : Australian Dollar Drops From 12-Week High on Speculation Inflation Slowing - Bloomber



NewsWhore
01-23-2012, 11:50 PM
Australian Dollar Drops From 12-Week High on Speculation Inflation Slowing (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGiOHAi_tvoAnWx42OlFOwinks9Yw&url=http://www.bloomberg.com/news/2012-01-24/australian-dollar-drops-from-12-week-high-on-speculation-inflation-slowing.html)
Bloomberg
“Without the pressure of inflation, interest rates have scopes to come down,” said Derek Mumford, a director in Sydney at Rochford Capital, a currency-risk management company. “I think the RBNZ will adjust their rhetoric to suggest that they will cut ...

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