January 18th, 2010 00:00:56 GMT

Australian inflation on the rise


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.


January 14th, 2010 20:15:05 GMT

AUD in consolidation mode


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

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January 12th, 2010 18:29:57 GMT

Gold losses accelerate; AUD follows


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

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January 12th, 2010 09:10:16 GMT

AUD/USD soft


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.

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