My gut instinct is that the Australian dollar will wobble a bit lower from here. The interest rate differential is slowly being eroded. The Australian dollar is now less attractive to overseas investors.
More Quotes from Michael Thomas:
Primarily, junk. But you can see just by the numbers, the growth is there for the fresh stuff.Michael Thomas
Some people wait until the end of the year and accept the 2, 3 finance charge, but we have accounts that are owed in the thousands of dollars, some reaching up to over 20 years. Sometimes, people take the approach that if they don't pay, nothing will happen to them.
Michael Thomas
It has been quite a remarkable undertaking. We are making really good progress.
Michael Thomas
Once Square 54 is decided and the conditions of the development are worked out ... there may not be other such opportunities for some time.
Michael Thomas
You can write off the chance of the Reserve Bank cutting rates this year and well into next year. Good profitability means you can hire people.
Michael Thomas
The central bank is telling the market they have more rate hikes to come and the risk is that it puts rates up more than investors think.
Michael Thomas
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Based on Topics: Instinct QuotesBased on Keywords: wobble
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