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Australian Dollar Forecast Directory - Page #162

A round up of the latest Australian Dollar forecast news items from the Currency News desk.

Daily Foreign Currency Exchange Rate Forecast - Sterling Remains Under Pressure

9 Feb 2011 at 12 PM - Written by John Cameron

STORY LINK Daily Foreign Currency Exchange Rate Forecast - Sterling Remains Under Pressure

The People’s Bank of China surprised the markets yesterday by increasing interest rates for the third time since the Autumn. China’s headline one-year lending rate was hiked from 5.81% to 6.06% with effect from today. China’s 12-month deposit rate was also upped from 2.75% to 3.00%. Initially, markets reacted to the tightening of...

CATEGORIES: Daily Currency Updates Australian Dollar Forecasts America Forecasts

Australian Dollar Claws Back Losses

8 Feb 2011 at 9 AM - Written by John Cameron

STORY LINK Australian Dollar Claws Back Losses

The Australian Dollar lost ground during early trading this week. This renewed weakness was partly driven by disappointing Australian retail sales figures. Friday’s U.S. Non-Farm Payroll figures had a significant effect on the Australian Dollar’s as traders adjusted their US Treasury Bill positions to take account of seemingly soft US...

CATEGORIES: Pound Australian Dollar Forecasts Australian Dollar Forecasts

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