Heading For A Weaker AUD As RBA Set To Cut Rates In July Then In Nov

This week, Australian GDP surprised on the downside in 1Q13, recording a second consecutive quarter of GNE contraction, despite being aided by favorable weather patterns, government stimulus, near-term proximity to interest rate cuts, and solid wealth gains. “With consumer sentiment declining, …

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Heading For A Weaker AUD As RBA Set To Cut Rates In July Then In Nov – Goldman Sachs

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