Another high
Inflation forecasts raised today. Result dollar $1.085.
Rate rise guaratneed now in the next few months. Dollar will hit 1.10-1.15 no doubt now
Agree daniel, though I would expect that the RBA will hold off on interest rates next week and watch what happens with costs over the next month or 2.
The experts are saying that food prices that have gone up because of the Qld flods & cyclone Yasi are likely to stabilise or perhaps drop back to "normal" levels