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Australian Dollar at 27 year high against Sterling
January 19, 2012After a failed attempt to break through the $ 1.28 level yesterday, the euro drifted lower in late afternoon trade before regaining some ground overnight. The euro found some support in a better than expected German ZEW index for January, with the survey results coming in well ahead of expectations. This has helped to ease [...]
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Forex: AUD/USD gravitates around 1.0400 after ANZ Australian job ads
November 7, 2011FXstreet.com (Barcelona) – After opening the week higher on improved risk appetite, the Australian… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: EUR/AUD higher on Australian CPI
October 26, 2011FXstreet.com (Barcelona) – EUR/AUD boosted early in the Asian trade when Australia CPI was… For more information, read our latest forex news. FXstreet.com: Latest News
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What’s Next for the Australian Dollar in Currency Trading?
August 23, 2011Aussie choppy today in forex trading Many are wondering what the forex trading forecast holds for the Aussie. It’s been a bit of a choppy day for the Australian dollar in currency trading, and general uncertainty in the global economy is likely to keep things a bit volatile. Earlier today, the Australian dollar rose in [...]
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Australian Dollar Builds Strength in Forex Trading
July 29, 2011Aussie gains in currency trading on the FX market The Australian dollar is building strength in forex trading today, gaining as gold prices provide some support, and as other economic data help out. Aussie is seeing success in currency trading today, heading higher against major currencies including the euro, pound and U.S. dollar. The Aussie [...]
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Aussie Data Signals Weakness Ahead
March 9, 2011Fx360.com | Australian Home Loan approvals declined for the first time in seven months. Australian Home Loan approvals declined for the first time in seven months as floods inundated the country’s east coast limiting building activity, while consumer confidence hit is lowest point since June of last year on expectations that a government-proposed carbon tax [...]
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Aussie Makes Gains in Currency Trading
January 12, 2011Forex trading forecast for the Australian dollar The Aussie is making headway in currency trading on the FX market today. The last few days have been difficult for the Australian dollar, due to concerns related to the flooding in parts of Queensland. Indeed, there are still worries about what the flooding could do to the [...]
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Aussie Hit Hard by China Reserve Requirement
November 19, 2010Australian dollar lower in forex trading The Aussie has been hit hard in currency trading on the FX market today, thanks to the latest news out of China. The Australian economy (and its currency) relies a great deal of Chinese economic expansion for recent successes. With China requiring higher reserves in banks, in an effort [...]
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Sterling Trades Within Narrow Ranges Due To A Lack Of Fresh Data
October 28, 2010Sterling staged modest gains against a basket of currencies in yesterday’
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Can Aussie Retain its Gains?
October 21, 2010Forex trading forecast for the Australian dollar Recently, the Aussie has been doing fairly well in currency trading on the FX market, even reaching parity. However, a correction has been under way, and the Australian dollar has fallen. The forex trading forecast for the Australian dollar might even call for some more losses. Though the [...]
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Aussie Weakens in Currency Trading, Thanks to Neutral Stance
September 7, 2010Australian dollar lower in forex trading The Reserve Bank of Australia has kept monetary policy steady, and that is prompting some to believe that the recent run for the Aussie is drawing to a close. Indeed, the Australian dollar is lower in forex trading today. GFT’s Boris Schlossberg reports in FX360 on the latest decision [...]
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Forex: AUD/USD drops on trade balance data
September 2, 2010FXstreet.com (Córdoba) – The Australian Dollar weakened after a report showed Australian trade… For more information, read our latest forex news.
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New Zealand Dollar Thriving in Obscurity
July 9, 2010It’s understandable that forex investors basically ignore New Zealand. Its economy is around 10% the size of its neighbor Australia, its currency is less liquid, and spreads are higher. Given that its performance closely tracks the Australian Dollar, meanwhile, why pay it any attention? To be sure, the new currencies from Down Under trade in [...]
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Aussie Bounces in Forex Trading
May 5, 2010Currency trading with the Australian dollar The Australian dollar has been struggling recently in currency trading on the FX market. However, the Aussie is bouncing back in forex trading. Employment gains are helping the Australian dollar. There are still concerns for the Aussie in forex trading, though. GFT’s Boris Schlossberg reports in FX360 on the [...]
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RBA May Be Forced to Keep Rates Steady
March 1, 2010Forex trading forecast for the Aussie The Australian economy has been performing quite well throughout the global recession, and appears to be growing quite quickly. However, the forex trading forecast for the Aussie may not match the rate of growth, thanks to efforts in China to slow Chinese growth. GFT’s Boris Schlossberg takes a look [...]
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Forex Trading Forecast: Aussie Interest Rates
February 16, 2010Reserve Bank of Australia likely to raise rates soon The risk trade is seeing a little bit of success today in currency trading, but risk appetite is not exactly the only thing going for the Aussie right now. The forex trading forecast for the Australian dollar calls for future gains, mostly due to the explosive [...]
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Commodity Currencies Remain in the Spotlight
February 3, 2010In 2009, so-called commodity currencies – both individually and as a group – registered record-breaking gains. The Brazilian Real and the South African Rand finished up more than 30%, while the Australian and New Zealand Dollars finished up about 25% each, and the Canadian Dollar not far behind. While the outlook for 2010 is slightly [...]