January 18th, 2010 00:00:56 GMT

Australian inflation on the rise

by

The TD gauge of Australian inflation has increased to an annual level of 2.6%. This will increase the chances of a 25 bps rate rise by the RBA early next month.

6 Comments

January 14th, 2010 20:15:05 GMT

AUD in consolidation mode

by

It’s been a healthy consolidation of gains for AUD with one dip to the 0.9280 area the biggest drawdown of the day. Gold took a header, dropping to $1132 from 1142 in quick fashion but it soon rebounded, and so … Continue reading

Comments Off

January 12th, 2010 18:29:57 GMT

Gold losses accelerate; AUD follows

by

Golds is down nearly $35 on the day after stalling again around $1160 overnight. AUD is following on its heels, trading down to fresh session lows at 0.9176. Aud bounced from 0.9170 lows on Friday before bouncing as high as … Continue reading

Comments Off

January 12th, 2010 09:10:16 GMT

AUD/USD soft

by

AUD/USD is trading soft, presently down at .9260 compared to around .9280 when I arrived some four hours ago.  Sources report good hedge fund selling.  Also talk of decent sell orders lined up at .9320/50.

1 Comment

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.