The Australian dollar is as strong as it’s been since the beginning of the commodities boom. It takes just one dollar and five Australian cents to buy the greenback. The latest move probably comes as traders read the inflation tea leaves and do not see the Reserve Bank cutting rates this year. If the CPI data show official prices growing above the 3-4% range, then for the rest of 2008 the Australian dollar is going to enjoy a significant yield advantage.
April 23rd, 2008 | The Daily Reckoning | 5 comments | Continued Our DR Global Editions: 
Saturday, January 10th, 2009
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The Markets
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2009-01-09 00:10 Most Comments
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Pravin, I'm pretty certain that Unpopular was being sarcastic.
John | 10Jan09 | More -
I enjoyed that, pretty funny! Thanks!
John | 10Jan09 | More -
Dear Don, hi, I reckon that you should read these 2 books: Rich Dads prophecy- why the biggest stock market ...
christina | 10Jan09 | More -
huh?. war gets people to spend?. you are clearly oblivious to the horrendous destruction of wealth that war will bring ...
Pravin | 9Jan09 | More -
Great reading Dan! I and I'm sure many others will be tuning in next week.
Ross | 9Jan09 | More -
Good call! Well, except for the death part, but something I didn't consider thats for sure
Pete | 9Jan09 | More -
Sounds like we need a good old fashioned war to get people spending again.
Nothing makes people stop saving like the ...
Unpopular Truth | 9Jan09 | More -
Don. I assume that you are located in Australia. Seek out a several professional opinions (many preliminary consultations are ...
Coffee Addict | 9Jan09 | More -
Is it just me, or are they going about fixing this all backwards?!
Take my situation. 12 months ago I changed ...
mr. pete | 9Jan09 | More -
Hi Pete, Marc Faber is a long term bear and is worth listening to in my opinion. Mind you like ...
Greg Atkinson | 9Jan09 | More
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Pravin, I'm pretty certain that Unpopular was being sarcastic.
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