Tuesday, October 26, 2010

AUD: At night, there were two stories that have played into the hands of currency

Favorite of central banks and almost all who play in the forex market, the Australian rolled back over the past 24 hours to 0.99. At night there were two stories that have played into the hands of currency: business confidence has strengthened in the third quarter (according to a recent survey of the National Bank of Australia) and lawmakers are trying to resist the attempt to Singapore Exchange Ltd's purchase ASX Ltd. M & A activity pogoscheny increased markedly in recent years, Equinox Minerals plans to buy Citadel Resources for $ 1.2 billion, KKR is trying to buy Perpetual for 1.7 billion dollars. All this activity gives a healthy tone of some sectors of the stock market, for example, uranium stocks have soared due to the ambitions of South Korea to build a floating nuclear power plant.

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