Have decided to come out of this one with a small profit. I feel it is a bit of a risky bet as the euro is a dodgy currency at the moment however much the Australia seems to be marching headlong into it's own house price bubble. Australian Central Bank interest rates 4.25% (up on 06/04/10)
It could well press on to make new highs from here
P&L 15
Note : they raised them again to 4.5% today at 7am
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