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View Full Version : Australia Mining Slowdown Hitting Economy Never Down on Its Luck - Bloomberg



NewsWhore
08-28-2012, 06:30 PM
Australia Mining Slowdown Hitting Economy Never Down on Its Luck (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGBFkLTyxiZPgtspz9K6LZJ5jN0GA&url=http://www.bloomberg.com/news/2012-08-28/australia-mining-slowdown-hitting-economy-never-down-on-its-luck.html)
Bloomberg
Currency forwards yesterday showed a 1.1 percent chance of a 30 percent drop in the Australian dollar in the next 12 months, according to data compiled by Bloomberg. The probability of a 10 percent drop in the Aussie was 51.2 percent. The Aussie is up ...

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