AUD Under Downward Pressure
June 9, 2009 2:35 pm by Natalie R.The Australian Dollar (AUD) experienced a slight gain today against the USD after dropping to the lowest level since May 28 the previous week due to an advance in U.S and European equity markets. The AUD is highly linked with ...
Australian Dollar at 7-Month High
May 21, 2009 4:42 pm by Natalie R.Australia’s dollar rose to a 7-month high on speculation that decreases in currency and stock volatility will add to demand for the nation’s higher-yielding assets. Gains in the AUD were also a result of a weakness of the U.S Dollar ...
AUD – Australian Trade Balance – April 2009
April 1, 2009 1:40 pm by Yan PettersResponding to public demand, this week I decided to focus your attention on the Australian Trade Balance, which will be published on Thursday at 00:30 GMT. Let's first clarify what is the Trade Balance, and why does it have such ...
USD/JPY to Appreciate in Light of Stimulus Bill
February 16, 2009 10:15 pm by Russell GlaserJPY The Japanese Yen may have experienced a correction the past few weeks as the USD/JPY maintained its level close to the significant 92.00 Yen resistance. A rally in the latter half of the week spurred by the passage of the ...