Excerpt from:  Forex
.
June 23, 2008

Australian Dollar Continues to Rise in Forex Trading

Currency trading with the Aussie

The Australian dollar is rising in forex trading on the currency market this morning. Currency trading with the Aussie should consider that the down under currency is doing rather well against the US dollar.

Many in FX trading are reducing their expectations of a US interest rate hike, and that is helping the Australian dollar. Additionally, inflation remains a part of the Aussie economy, and that supports the Australian dollar as well in forex trading.

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Topic Tags:  Aussie economy, Australian dollar, Australian dollar forex trading, currency trading, currency trading Aussie, forex trading currency market, FX trading, US interest rate

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