Discover and read the best of Twitter Threads about #TheRaceToZeroRates
Most recents (1)
mini thread 1/5 RBA statement ... translated : lower rates and QE will come, they are just preparing the narratives step by step.
geez, AUD used to be high rates / carry related. HAHAHAHA #TheRaceToZeroRates
geez, AUD used to be high rates / carry related. HAHAHAHA #TheRaceToZeroRates
2/5 I am so old, I remember AUD and NZD were carry trades... but since it literally became "fashionable" as the "last resort or the holy grail to cure economic problems", the race to zero and QE ∞ is clear in this chart of G10 CB rates: RBA will continue no matter what
3/5 which on the other hand is almost a pity, because AUDJPY with the commodity / save haven pair used to be one of the classic RiskOnOff tool, short term as well as the XXL cycle on a YoY basis. But with RBA hunting down BoJ rates, things slowly changing here as well
