Thu, Apr 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Cheer up, Aussies. You’re winning the currency war

Posted on 31 May 2013

Everyone loves a weaker currency, right? There’s a currency war on, don’t you know. Well, Australians are not necessarily big fans, it turns out. The Australian dollar has been whacked of late. From the heady heights of $1.05 against its U.S. cousin last month, it made it almost as low as $0.95 earlier this week.
This is not just an Australian phenomenon, of course. The U.S. dollar has been on a tear and has ripped down any number of other currencies in its wake. Still, the Aussie has drawn its fair share of attention, and the currency has its own drags………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 34673 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930