Monday, November 29, 2010

AUD: Aussie under pressure, as the RBA's monetary policy considers acceptable


Volatile night for the Australian originally arose because of the pressure of sales after the South Korean president has promised that North Korea will "pay" for their aggression. After falling below 0.96 Australian rebounded slightly, but still looks vulnerable. In recent weeks, he came to the extremely low levels, thereby confirming that the appetite for risk has gone on the decline by the end of the year. At Aussie also influenced the President's proposal RBA Stevens, that monetary policy is likely to be acceptable now. Night came the news that corporate profits went down in the last quarter. On the background of consolidating the dollar, the Australian collided with the oncoming wind.

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