All Entries Tagged With: "Aussie"
Oil and Gold falls on strong US Dollar, IMF sale
The U.S. Dollar rose to a high in the forex trading market this Thursday mostly on the back of strong economic statistics released on Wednesday the 17th. The Euro meanwhile continued to be uncertain and almost fell to the seven month low that it reached earlier in February against the U.S. Dollar. Gold prices meanwhile [...]
Forex Currencies Update: AUD, Euro and JPY
The recent forex market frenzy of Euro selling has slowed down somewhat amidst the G7 talks on Greece making a somewhat hesitant recovery against the U.S. dollar to a EUR/USD rate of 1.3693. The Aussie on the other hand has made a quick recover on the back of a major Australian coal deal and has [...]
Forex Currency Rates: Aussie takes a fall
Over the past fiscal year, the foreign exchange rate for the Aussie (Australian Dollar) have been steadily rising due to multiple reasons but the RBA (Reserve Bank of Australia) on February the 2nd announced that it would not be raising interest rates again. Forex currency trading for the Aussie which was high partially on expectations [...]