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Tuesday, April 6, 2010
Saturday, February 13, 2010
Australian Dollar Oversold Against Yen says Woolfolk
Monday, September 7, 2009
Aussie and Kiwi Dollars Near One Year High After G20 Meeting
Australian, N.Z. Dollars Near One-Year High After G-20 Meeting
By Candice Zachariahs
Sept. 7 (Bloomberg) The Australian and New Zealand dollars traded near the strongest levels in a year as the Group of 20’s pledge to maintain economic stimulus boosted demand for higher-yielding assets.
The currencies extended last week’s gain versus the greenback after reports showed Australia’s building industry shrank at a slower pace and house prices in New Zealand climbed for a fourth month. Australia’s dollar advanced for a fourth day versus the yen after an industry report showed job vacancies rose in August for the first time in 16 months.
“The market has taken a little comfort from the strength with which the commitment to keeping the stimulus in place was talked about,” John Horner, a foreign-exchange strategist at Deutsche Bank AG in Sydney, said in a Bloomberg Television interview. “That’s going to underpin risk currencies like the Australian dollar and New Zealand dollar.”
Wednesday, September 2, 2009
Australian Dollar Near Year High Pound sinking fast
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