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AUD/USD Analysis, Discussion and Q&A (1 viewing) (1) Guest
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TOPIC: AUD/USD Analysis, Discussion and Q&A
#421
Liviu_aussie (User)
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Gender: Male bratuliviu@yahoo.com Location: Melbourne, Australia Birthdate: 1977-02-16
Re:AUD/USD Analysis, Discussion and Q&A 1 Month, 2 Weeks ago  
RBA spent $3bn defending Aussie

www.afr.com/home/viewer.aspx?ATL://12271...3bn+defending+Aussie
 
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#427
swadehansen (Admin)
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Re:AUD/USD Analysis, Discussion and Q&A 1 Month, 2 Weeks ago  
Liviu,

Great find on that article. I think it is interesting to see the magnitude of the intervention juxtaposed with the thought that the Australian government won't have to do any deficit spending to combat recessionary pressures. The Australian economy will certainly be one that bounces back quickly when the recession is over and demand for commodities once again begins to boom.
 
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#448
swadehansen (Admin)
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Re:AUD/USD Analysis, Discussion and Q&A 1 Month, 2 Weeks ago  
The RBA and RBNZ look ready to keep buying their respective currencies to keep them above 0.6000 (AUD) and 0.5000 (NZD).

www.bloomberg.com/apps/news?pid=20601083...8&refer=currency
 
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