20.01.2009 - Australian Dollar – Catching a Kangaroo
From Quamnet.com: The Australian Dollar is showing a high level of volatility and is leaping about like the country’s emblematic marsupial. Predicting the next movement is difficult. The next directional move against the US Dollar will rely on risk sentiment and fundamentals. The Australian dollar should not fall below 0.6000 to the USD, as the Reserve Bank of Australia aggressively supported the currency at this level through both policy statements and currency intervention. .... Full Article: Source
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