The interbank market has been reporting for weeks now that ACBs would not chase the market higher but would sit on the bid near 1625/50. After the massive cleanout from Friday, we are now trading there so we need to see if they in fact do turn up.
The interbank market has been reporting for weeks now that ACBs would not chase the market higher but would sit on the bid near 1625/50. After the massive cleanout from Friday, we are now trading there so we need to see if they in fact do turn up.
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