RBA sold A$830M in Forex market in September

Source: www.forexlive.com

The Reserve Bank of Australia sold a net A$830 Million in the spot FX market in September. No effect on AUDUSD as it continues higher towards 92c.


Read more...

  • Facebook May File For IPO Next Wednesday

    The Wall Street Journal reports that social networking website, Facebook may file documents for an IPO next Wednesday.According to an...

  • Forex Daily Analysis

    Sterling hit a seven-month high against a broadly weaker dollar on Tuesday as surprisingly strong figures on the US housing market fuelled speculation the ... See all stories on this...

  • Eur/usd hits session highs above 1.4040

    Eur/Usd is currently grinding out new highs for the day above 1.4040. So far it hasn’t been a stellar ascent more of a relentless grind higher, the absence of any selling interest in the 1.4030/40 area, unlike last time, has emboldened a few bidders to aim for the next level of offers at...

  • FOREX-Euro edges up but markets skittish

    The euro rose against the dollar on Monday as risk-averse sentiment eased on improved economic data and as stocks pared losses, but markets remained skittish before key central bank events and U.S. jobs data this week. European stock markets shed losses made at the outset on news that CIT Group...

  • FOREX VIDEO - New York Session Review - October 19, 2009

    After a brief recovery during the early portion of today’s Asian session, the U.S. dollar was subject to selling pressure from London open to London close. A long trade on the EUR/USD currency pair yielded between 40 to 60 pips [depending on exit strategy] during the New York session. Curt...