Thu, Jun 30, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Currencies more

Low yen bolsters commodity currencies

Posted on 30 March 2011

The global, coordinated selloff of the Japanese yen bolstered commodity currencies in U.S. trading Tuesday. One of the primary beneficiaries of the yen suppression Tuesday was the Australian dollar — via the carry trade. The Australian dollar was 1.2% stronger at 84.615 yen and 0.2% firmer at $1.02666.
CurrencyShares Australian Dollar Trust was up 0.1% to $103……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 46549 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
June 2016
S M T W T F S
« May    
 1234
567891011
12131415161718
19202122232425
2627282930