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Australian FOREX Daily Outlook 12/05/2008
Market SummaryOil sets record highs, again. US trade deficit narrows sharply.U.S. Dollar Trading (USD) was mixed against a number of majors on Friday as the Trade deficit narrowed sharply for the...

Aussie dlr supported by firm commodities, bonds up
SYDNEY, May 12 (Reuters) - The Australian dollar held just above 94 U.S. cents on Monday, supported by firm commodity prices even as a fresh bout of risk aversion saw investors stay away from...

Federal Budget: China Remains The Key
Of course China will be the very large gorilla in the room for tomorrow's 2008-09 Federal Budget. Its strong demand for our resources is powering the export side of our economy, especially the...

Markets Mixed: US Down
Don't expect too much of an impact on the stockmarket from the Federal Budget. The Reserve Bank's taken that role through its domination of monetary policy and besides there are still external...

Australian Dollar Technical Outlook
With 5 waves down from .9541 and a 3 wave rally potentially complete at .9506, at least one more bear leg is expected for the AUDUSD.The minimum objective is below .9290 and risk is at .9506. ...

Aussie dollar eases on cenbank statement; bonds up
SYDNEY, May 9 (Reuters) - The Australian dollar slipped on Friday after the Reserve Bank of Australia (RBA) said in its quarterly monetary policy statement that a significant slowdown in demand...

Australian FOREX Daily Outlook 09/05/2008
Market SummaryECB and BoE hold in attempt to balance inflation and growth.U.S. Dollar Trading (USD) was volatile versus a number of currencies thorough out all session on Thursday. US wholesale...

Aussie dlr holds gains ahead of cenbank statement
SYDNEY, May 9 (Reuters) - The Australian dollar held on to modest gains against the U.S. currency on Friday ahead of the Reserve Bank of Australia's quarterly monetary policy statement, where the...

Australian Dollar Crosses: Expect Declines
  We maintain our stance that a multi-year top is in place at 1.0823 but the AUDCHF must remain below 1.0131 is the bearish count above is correct.  There is a very short term trendline...

Job figures spark market surge
The Australian dollar has risen sharply in response to the figures showing more people are entering the job market. It gained as much as half-a-cent after the announcement and at about noon it...

Aussie dlr bounces on strong jobs data; bonds off
SYDNEY, May 8 (Reuters) - The Australian dollar bounced on Thursday after job figures for April beat all expectations, pointing to strength in the labour market even as other parts of the economy...

Australian FOREX Daily Outlook 08/05/2008
Market SummaryEuro falls on Retail Sales as Oil trades at a fresh record high for the third straight dayU.S. Dollar Trading (USD) rallied broadly as productivity out of the world's largest economy...

Aussie dollar jumps vs kiwi, awaits jobs report
SYDNEY, May 8 (Reuters) - The Australian dollar pulled away from recent two-week highs against a firm U.S. dollar on Thursday, but jumped to a eight-month high against the New Zealand dollar after a...

Westpac tips dollar to reach greenback parity by March '09
One of Australia's biggest banks is predicting the Australian dollar will climb above $1US for the first time since its float in 1983. Westpac is tipping it will reach $US1.01 by March...

Australian FOREX Daily Outlook 07/05/2008
Market SummaryOIL trades at a fresh record high boosting XAUU.S. Dollar Trading (USD) eased further against a number of majors as market sentiment surrounding the manufacturing and services remain...

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