Australian PM announced a very retail/consumer negative Flood Tax and all it did was dropping AUDUSD by 20-30 pips? And now its heading back up?
Devastating Flood, Heavy reliance on China, Low CPI, Low employment, unfriendly Tax and 30% overvalued currency all could not put AUD down?
Thats gonna be one hell of AUD support in my opinion.
Devastating Flood, Heavy reliance on China, Low CPI, Low employment, unfriendly Tax and 30% overvalued currency all could not put AUD down?
Thats gonna be one hell of AUD support in my opinion.