Forex news5su5435

50 cents

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Quisque sed felis. Aliquam sit amet felis. Mauris semper, velit semper laoreet dictum, quam diam dictum urna, nec placerat elit nisl in quam. Etiam augue pede, molestie eget, rhoncus at, convallis ut, eros. Aliquam pharetra. Nulla in tellus eget odio sagittis blandit. Maecenas at nisl. Nullam lorem mi, eleifend a, fringilla vel, semper at, ligula. Mauris eu wisi. Ut ante dui, aliquet nec, congue non, accumsan sit amet, lectus. Mauris et mauris. Duis sed massa id mauris pretium venenatis. Suspendisse cursus velit vel ligula. Mauris elit. Donec neque. Phasellus nec sapien quis pede facilisis suscipit. Aenean quis risus sit amet eros volutpat ullamcorper. Ut a mi. Etiam nulla. Mauris interdum.  Read More →

Remedy Games

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Quisque sed felis. Aliquam sit amet felis. Mauris semper, velit semper laoreet dictum, quam diam dictum urna, nec placerat elit nisl in quam. Etiam augue pede, molestie eget, rhoncus at, convallis ut, eros. Aliquam pharetra. Nulla in tellus eget odio sagittis blandit. Maecenas at nisl. Nullam lorem mi, eleifend a, fringilla vel, semper at, ligula. Mauris eu wisi. Ut ante dui, aliquet nec, congue non, accumsan sit amet, lectus. Mauris et mauris. Duis sed massa id mauris pretium venenatis. Suspendisse cursus velit vel ligula. Mauris elit. Donec neque. Phasellus nec sapien quis pede facilisis suscipit. Aenean quis risus sit amet eros volutpat ullamcorper. Ut a mi. Etiam nulla. Mauris interdum.  Read More →

By: Barbara Zigah Following the Reserve Bank of Australia’s announcement that their policy and rate setting committee decided to hold key interest rates at 4.75%, the Australian Dollar slipped against the U.S. Dollar; as reported at 2:58 p.m. (JST) in Tokyo, the Aussie dropped to $1.0329, a 0.3% decline. With inflationary pressure not quite the problem in Australia as it is elsewhere in the world, the RBA’s decision ha been widely expected by a consensus of economists.

Elsewhere, the Euro held steady just below a 5-month peak versus the U.S. Dollar, as investors reassess their positions ahead of the ECB policy setting meeting to be held later this week. Most analysts expect that the European Central Bank will hike the current rate by 25 basis points to 1.25% in an attempt to stave off inflationary pressures in the Eurozone, driven primarily by higher commodity prices. Analysts are expecting that before year’s en, the ECB will have raised their benchmark rate to 1.75%. So far this year, the Euro has gained better than 6% against the greenback. Earlier, the Euro was trading against the U.S. Dollar at $1.4192. Further gains in the Euro are likely to be limited, given that rate hikes are already factored in.

http://www.dailyforex.com/forex-news/2011/04/Aussie-Dollar-Slips-Following-RBA-Rate-Decision/7613

1 Response to 'Aussie Dollar Slips Following RBA Rate Decision'

  1. Blogger Said,

    eToro is the #1 forex trading platform for novice and established traders.

     

Post a Comment

Pip Caculator

Forex Chart

Exchange Rates

Recent post

Blog Archive

Popular Posts

Forex Articles

Market Overview