High Australian interest rates continue to support the Aussie on dips. The AUD/USD fell -1.26% closing at 0.9039 after opening at 0.9153. The forex trading week preview. In the States; On Monday, February Core PCE is forecast at 1.3% vs … [...]
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High Australian interest rates continue to support the Aussie on dips. The AUD/USD fell -1.26% closing at 0.9039 after opening at 0.9153. The forex trading week preview. In the States; On Monday, February Core PCE is forecast at 1.3% vs … [...] Expectations and predictions for Australian interest rates are generally of the view the RBA will raise rates. The AUD will continue to be supported on dips, but now having broken the key 0.9250 level, one tends to see an AUD gaining … [...] Bloomberg reports that the AUD is expected to trade at parity with the USD in 2010 reflecting improvement in the global economy and rising Australian interest rates . Focus turns to this week’s release of Australian employment data. … [...] Bloomberg reports that the AUD is expected to trade at parity with the USD in 2010 reflecting improvement in the global economy and rising Australian interest rates . Focus turns to this week’s release of Australian employment data. … [...] Australian interest rates are also expected to remain relatively high in comparison to the US, Europe and Japan for some time to come, maintaining the AUD’s relative yield advantage. The risk in this scenario is that expectations for US … [...] Australian interest rates are also expected to remain relatively high in comparison to the US, Europe and Japan for some time to come, maintaining the AUD’s relative yield advantage. The risk in this scenario is that expectations for US … [...] While Australian interest rates remain high and moving up then the AUD is going to have favourable exchange rates and IMO there is no need to rush into getting other currency. medhead is offline … [...] |
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