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Latest Currency
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Australia sees signs of ‘Dutch Disease’
AUSTRALIAN DOLLAR REVIEW | The Eurozone crisis continues to dominate the markets as the Aussie recovered from its weakest trading day on Tuesday where it closed out at 1.612GBP/AUD.
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The Aussie weakens after Greek elections
AUSTRALIAN DOLLAR REVIEW | The deepening Greek debt crisis has continued to weaken the Aussie Dollar as political instability prevails in the European country. The Aussie traded at 1.5985 AUD to the British Pound on Friday up from the 1.5868 AUD on Monday.
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Australian Dollar reverses week’s losses
AUSTRALIAN DOLLAR REVIEW | The Australian Dollar traded between 0.954 and 0.972 to the US Dollar between the period of the 23rd of April to the 30th of April 2012
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Risk demand dampens with renewed Europe and China uncertainty
UKFOREX MARKET COMMENTARY | Risk appetite turned sour yesterday as investor worries surrounding the political upheaval in Europe and slowing Chinese growth dampened demand for risky assets.
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PPI data knocks the Aussie Dollar
AUSTRALIAN DOLLAR REVIEW | Weaker than expected data released by the PPI (producer price index), saw the Aussie Dollar fall by a third of a US cent recently.
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Weak Chinese Data May Spell Trouble for the Aussie
AUSTRALIAN DOLLAR REVIEW | THE Aussie began trading last week Monday the 9th of April 2012 around the 0.6507 mark against the British Pound and 1.0299 to the US Dollar.
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Aussie Dollar remains firm against Greenback
AUSTRALIAN DOLLAR REVIEW | The Australian Dollar has enjoyed a fairly strong performance over the last month, although it has started to creep back to parity with the greenback.
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Aussie Dollar threatens to slump below Greenback
AUSTRALIAN DOLLAR REVIEW | The Australian Dollar has enjoyed a strong performance over the last year, cruising above the 100 US cent level for most of this time.
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UK manufacturing PMI numbers highest since May 2011
UKFOREX DAILY MARKET COMMENTARY | UK March manufacturing PMI numbers released come in at 52.1 versus market expectations of 50.7.
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Aussie Dollar weakens
AUSTRALIAN DOLLAR REVIEW | The Australian dollar has lost ground this week against the majority of its leading currency peers.
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Risk aversion dominant in money markets
UKFOREX DAILY MARKET COMMENTARY | Risk aversion remains a dominant theme in an otherwise directionless market.
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Ben Bernanke comments spark US dollar sell-off
UKFOREX DAILY MARKET COMMENTARY | Fed Chairman Bernanke says he’s unsure if the recent improvement in US employment numbers could be sustained.
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A slow start to the week for the Australian Dollar
UKFOREX DAILY MARKET COMMENTARY | The commodity currencies such as the Australian Dollar outperformed the USD on Friday, but have been more subdued this morning.
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Australian Dollar strengthens
AUSTRALIAN DOLLAR REVIEW | The Australian dollar has continued to strengthen this past week advancing against the Japanese yen, US dollar and British Pound.
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UK announcements make Sterling bulls nervy
UKFOREX DAILY MARKET COMMENTARY | Financial markets continued to focus on news from the U.K., with the trifecta of the Bank of England MPC minutes, Public Sector Net Borrowing figures, and the budget speech from Chancellor George Osborne.
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Australian Dollar tumbles on BHP China forecast
UKFOREX DAILY MARKET COMMENTARY | Overnight the AUD was initially well supported as the minutes from the most recent RBA meeting came broadly in line with market expectations.
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Australian Dollar falls
AUSTRALIAN DOLLAR REVIEW | This week we have seen the Australian dollar fall to its lowest level against the US dollar since mid-January 2012.
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Choppy week ahead for British Pound
UKFOREX DAILY MARKET COMMENTARY | The week ahead is likely to be a choppy one for the Pound, with traders eagerly anticipating the release of UK inflation and retail sales numbers.
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