BP Announces Giant Oil Discovery In The Gulf Of Mexico

BP finds a giant oil discovery in the gulf of Mexico.
BP has made a giant oil discovery in the Gulf of Mexico, which analysts believe could contain over 1 billion barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry.
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BP Announces Giant Oil Discovery In The Gulf Of Mexico


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Australian Dollar Soaring Sept 2nd 2009

Aussie Dollar Gains on Better-than-Expected GDP (Bloomberg News)
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Australian Dollar Near Year High Pound sinking fast

the BP pound is sinking fast the Aussie dollar is near year high ....According to Commerzbank, Bank of England May Be Losing Credibility as Inflation is Beating BOE Targets . Analysis and discussion with Sue Trinh of RBC Capital Markets. She says the Aussie dollar will be well-supported on dips.
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