Black Aussie Monday
Tuesday, October 7th, 2008OH Crap. AUDUSD falls below 0.75 for the first time in 2 years. Stock market took a tumble. All ordinaries lost around -3.3% today. What's going on? On the paper, the reason, as expected, "people are expecting a 50bp rate cut tomorrow". Well, probably. Anyway, it is indeed a bad ...
