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Article: Australian Dollar Continues Winning Streak - When Will it End?
- Article from:
- Mena Report
- Article date:
- August 8, 2009
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Summary: The Australian dollar finished the week barely changed against its US namesake, but a surprising shift from the Reserve Bank of Australia and otherwise...
The Australian dollar finished the week barely changed against its US namesake, but a surprising shift from the Reserve Bank of Australia and otherwise bullish fundamental developments boosted forecasts for the AUD and sent it to fresh peaks versus the Japanese Yen. Australian Dollar Continues Winning Streak - When Will it End? Fundamental Outlook for Australian Dollar: Bullish - Reserve Bank of Australia shifts interest rate bias - RBA likewise raises growth forecasts - but AUDUSD does not respond - ...