13.04.2015 - The curious case of the cash-rate currency trades
One could almost hear the groans from Martin Place a few seconds before the 2.30pm on Tuesday when the Australian dollar jumped ahead of the Reserve Bank's atomically precise interest rate decision. The mysterious trades in the Australian dollar around the RBA's rates decisions were already a national curiosity and the subject of a two-month-long investigation by the Australian Securities Commission. So when it happened again, the plot thickened – to the frustration of the central bank's staff...............................................Full Article: Source
Print