Traders Laboratory - View Single Post - Behavior of AUD or EUR futures today(05 sep)
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Old 09-11-2007, 01:39 AM
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Re: Behavior of AUD or EUR futures today(05 sep)

If you're going to trade the AUD I would probabbly keep track of news here. We are in an election year at the moment. We have just had the APEC summit, there is growing tension in the coalition as to whether the Prime Minister should resign ahead of the election cause he's really old, and we have inflation figures to be released pretty soon!

Our currency has been incredibly volatile over the last month and a half going from (using an indirect quote) a low of around 76 US cents for our dollar up to a high of 88 US cents for our dollar. Thats a very wide range in such a short time.

Keep track of the key economic news announcements when trading the AUD at the moment

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