NZ dollar: Aussies turn parity party poopers
Financial markets will now shift their speculation to an Aussie interest rate cut on 5 May.
In the end the ‘parity party’ turned out to be the biggest fizzer since Adolf Hitler’s 1945 birthday bash.
Reserve Bank of Australia governor Glenn Stevens, in classic central banker style, not only took away the punch bowl but replaced it with sensible cups of tea, laced with bromide.
The
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Rob Hosking
Wed, 08 Apr 2015
Wed, 08 Apr 2015
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NZ dollar: Aussies turn parity party poopers
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