Excerpt from: GFT Analysts in the News
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| November 03, 2009 | | After meeting with the Herald Sun, she had this to say about interest rates | "The (US) Federal Reserve is a currency laggard running well behind its peers while your Reserve Bank is much more hawkish."
Kathy
doesn't see any chance of a US rate rise this year and predicts it will
be well into 2010 before there is enough evidence that unemployment has
peaked around 9.5 to 10 per cent and is falling before the Federal
Reserve would risk a rate rise.
Read the entire article here.
| Topic Tags: Australian dollar, Australian interest rates, CFDs, contracts for difference, forex, GFT, spot forex | |
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