Thursday, October 21, 2010

AUD: Aussie it was badly restored for last days because of Asia and statements of Genter.

After another falling dollar and the growing dynamics of the major stock markets, the Australian dollar has recovered in recent days. With yesterday's low around 0.9650, an Australian trying to get back to 0.99 at night, but this is not never happened, although there is hope for those who are still in longah.Risk for them was the feeling that the Aussie could come to the structure of the lowering of the maxima and minima of dropping, which serve as an indication that there are constants sale at any ukreplenii.Ochevidnye China's efforts to reduce the growth rate because of the obvious fears of inflationary pressures and asset bubbles. Another "bullish" signal is the U.S. intention to stabilize the falling U.S. dollar. Finance Minister Geithner twice this week assuring investors that the U.S. will not be specially underestimate the rate of its currency.

Translate this page

Search This Blog