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Worst is over for the Australian dollar, derivatives signal

Posted on 09 March 2009

From Bloomberg: The worst is over for the Australian dollar, derivatives show, after the currency dropped by a record 21 percent in 2009.

The so-called Aussie will remain above last year’s 5 1/2- year low, according to the so-called risk-reversal rate on one- month Australia-U.S. dollar options….. Full Article: Source


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VRS - who has written 39433 posts on Opalesque Commodities Briefing.


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