Thursday, November 4, 2010

AUD: The new maximum for the entire period of free circulation in the 1.0087

Ossie has clearly exceeded parity after the dollar came under new attack after dollop of cash for the U.S. economy from "helicopter pilot Ben." In early trading in London, AUD has reached a new high for the entire period of free circulation in the 1.0087, the two figures are above the minimum, made immediately after the decision FOMC. Interestingly, the Aussie has something like a helping hand from the soaring kiwi, which jumped more than 4% against the beleaguered dollar this week. At night, the New Zealand dollar was a dollar than expected data on the labor market, raised expectations for rate hikes by the RBNZ. Expanding the differential in interest rates relative to USD, AUD and NZD provides ongoing support.

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