Bank Of Australia « AutomaticForex

Australian Dollar Rally To Be Short-Lived,Euro Capped By 20-Day SMA

By zagros,on December 9th,2010%

The Australian dollar outperformed against its currency counterparts on Thursday as the economic docket reinforced an improved outlook for the region,while the Euro slipped to a low of 1.3165 as fears surrounding the European debt crisis continued to weigh on market sentiment.

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Daily Change . . . →Read More:Australian Dollar Rally To Be Short-Lived,Euro Capped By 20-Day SMA

Euro Falls to One-Week Low Versus Dollar on European Fund-Raising Concern

By zagros,on November 9th,2010%

The euro fell to $1.3863 as of 9:20 a.m. in Tokyo from $1.3920 in New York yesterday,after declining to $1.3848,the weakest since Oct. 29. The 16-nation currency slid to 112.52 yen from 113.01,after dropping to 112.37,the lowest since Nov. 2. Photographer:Hannelore Foerster/Bloomberg

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Nov. 8 (Bloomberg) . . . →Read More:Euro Falls to One-Week Low Versus Dollar on European Fund-Raising Concern

Dollar Trades Near 15-Year Low Against Yen on Speculation Fed to Ease More

By zagros,on October 19th,2010%

The dollar traded near its weakest level in 15 years against the yen before a U.S. housing report that may fuel speculation the Federal Reserve will take more credit-easing measures to revive economic growth.

The greenback was about two U.S. cents from an eight-month low versus the euro before data forecast to show housing starts . . . →Read More:Dollar Trades Near 15-Year Low Against Yen on Speculation Fed to Ease More