Excerpt from:  GFT News
.
May 01, 2008

Australian Dollar Gain in Currency Trading

Fed rate cut helps Aussie in forex trading
Aussie forex trading, forex trading, currency trading, FX market, currency trading FX market, Australian dollar, dollar currency trading, Fed rate cut
Yesterday's Fed rate cut helped push the Australian dollar up to 94 US cents in currency trading on the FX market. The Aussie has been doing well in forex trading on growth prospects. The Australian reports on the Aussie in forex trading:

"I'm really very bullish,'' Mr Bennett said.

"The Australian dollar represents both a high yield and, if you like, an indirect investment into Asian growth.''
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Topic Tags:  Aussie forex trading, Australian dollar, currency trading, currency trading FX market, dollar currency trading, Fed rate cut, forex trading, FX market

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