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Australian Dollar to Fall as Fundamental Outlook Turns Negative Read more: DailyFX -

Posted 06-08-2010 at 11:14 AM by DailyFX

The Australian Dollar is poised to move lower a the interest rate tightening cycle stalls, while a host of longer-term fundamental factors conspire to undermine the currency in the coming months.

The Australian dollar has been among the top performing currencies over the past year. While majors such as the Euro and British Pound have been trending lower for several months amid sovereign debt concerns, commodity currencies, including the Aussie, have been largely insulated, supported...
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Canadian Dollar Extends Advance, New Zealand Dollar Bucks Trend Read more: DailyFX

Posted 03-02-2010 at 12:27 PM by DailyFX

The Canadian dollar extended the rally from Monday and remains the best performing currency against the greenback, while the New Zealand pared the previous day’s advance and slipped back below the 200-Day SMA (0.6950) to reach a low of 0.6924.



The Canadian dollar extended the rally from Monday and remains the best performing currency against the greenback,...
Posted in Uncategorized
Views 270 Comments 0 DailyFX is offline
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