The Australian dollar makes rapid progress as forecast-beating growth data dents expectations that the Reserve Bank of Australia will cut interest rates
Growth provides fillip for Australian dollar
Source: www.ft.com
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Bank changes tack on forex
RESERVE Bank governor Tito Mboweni has revised his opposition to interventions by the central bank in the foreign exchange market and is now willing to ... See all stories on this...
If this is a W Shaped Recovery and the next wave is upon us…
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AUDUSD might be forming a cycle top at 0.8550
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USDCAD dropped again from 1.0413
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BRICs flexing muscles
Reuters reports that Brazilian President Lula wants the BRIC countries to forge a common front on reforming multinational groups like the UN and IMF. Lula also announced a $10 bln contribution to the IMF. If the BRICs are willing to fund these and other programs, then by all means they should have...