Thursday, April 21, 2011

Green light for the growth of Aussie

Former Prime Minister Rudd (now Foreign Minister) did not disappoint the bulls in Aussie last night, showed no concern about current exchange rates and said that "we do not deal with exchange-rate. " Both internal and external events have caused a sharp rise of the Australian currency, gold and silver again rose, the results of corporate reports of U.S. companies generally exceeded expectations, and traders with a new force put on Kerry trade (to the detriment of the Japanese yen). In addition the price of Australian exports rebounded in the first quarter to 5.2%, confirming the improvement of trade, which has done so much to maintain the exchange rate of Australian currency in recent years. This time is best for the Aussie.

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