AUD hits fresh 11-month low - Australian Forex brokers

Australian dollar slipped to a fresh 11-month low against the US dollar during overnight European hours trading. At approximately 0342 ...

Australian dollar slipped to a fresh 11-month low against the US dollar during overnight European hours trading. At approximately 0342 AEST Tuesday afternoon, the Australian dollar traded at $99.43 having reached $99.41 earlier, a level not seen since June 2012.
According to the senior currency dealer Francisco Solar, the Australian dollar pushed below support level at $98.50 in the afternoon which means there’s a possibility for it to drop overnight trading. "It (the move lower) is just in keeping with the negativity surrounding the Aussie dollar at the moment and the positivity surrounding the US dollar," he said.

Francisco Solar also mentioned the main reason for the currency’s weakness was the surge in demand in the US dollar even with the falling commodity prices and interest rate cut weighing upon it.
On Wednesday, At 1700 AEST, the Australian dollar was at 100.65 Japanese yen, down from 101.22 yen and at 76.45 euro cents, down from 76.56 euro cents.


On Wednesday afternoon, 1630 AEST, the June 10-year bond futures contract was at 96.760 (implying a yield of 3.240 per cent), up from 96.730 (3.270 per cent) 
The June three-year bond futures contract was at 97.440 (2.560 per cent), up from 97.410 (2.590 per cent).

COMMENTS

Name

Aussie forex brokers,4,Australia currency trading basics,1,Australia forex brokers,6,Australia forex market hours,1,Australian Forex brokers,15,Australian Market updates,23,currency trading,3,forex brokers in Australia,5,Forex Education,27,Forex market Australia,1,forex market hours in Australia,3,forex trading in Australia,2,Online Trading platform,4,
ltr
item
Australia Forex Brokers: AUD hits fresh 11-month low - Australian Forex brokers
AUD hits fresh 11-month low - Australian Forex brokers
http://4.bp.blogspot.com/-hCK0lMkmOtM/UNBpa3J9ryI/AAAAAAAAAJ4/aI04U-wOpRI/s1600/au-forex.jpeg
http://4.bp.blogspot.com/-hCK0lMkmOtM/UNBpa3J9ryI/AAAAAAAAAJ4/aI04U-wOpRI/s72-c/au-forex.jpeg
Australia Forex Brokers
http://australiaforexbrokers.blogspot.com/2013/05/aud-hits-fresh-11-month-low-australian.html
http://australiaforexbrokers.blogspot.com/
http://australiaforexbrokers.blogspot.com/
http://australiaforexbrokers.blogspot.com/2013/05/aud-hits-fresh-11-month-low-australian.html
true
7536970362965208970
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy