Dear RBA,
The is an opportunity today to put another nail in the Australian’s dollar’s coffin. Markets are set to punish the Aussie if they get a push. Change your rhetoric today to dovish and that will do it.
There are plenty of reasons in the global economy to justify doing it even if you don’t want to because of house prices. Some balance of rhetoric can be used to weigh on the locals while giving the nod to global Australian dollar bears.
And that’s the rub, the dollar is in the verge of break down, push it and it will fall!
