Excerpt from: Spot Forex
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| October 25, 2007 | | Spread bets and CFDs on Aussie interest rate | Spread betting and contracts for differences on interest rates should consider that the Australian interest rate is expected to rise. With CPI data up, and other signs of a robust Australian economy, an Aussie interest rate hike is expected to help slow inflation. News.com.au reports on the possible Australian interest rate raise:
"The market is pricing in about an 85 per cent chance of a rate
hike here ... (the CPI) was the final nail in the coffin, which gave
the Aussie a lift yesterday," he said.
| Topic Tags: Aussie interest rate, Australian interest rate, CFDs, contracts for differences, spread bets, spread bets Aussie interest rate, spread betting, spread betting interest rates | |
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