Subscribe to the "Reserve Bank of Australia Cuts Interest Rates" web feed.Subscription options
Excerpt from:  GFT Analysts in the News
.
September 02, 2008

Reserve Bank of Australia Cuts Interest Rates

Aussie drops in FX trading
Aussie drops in FX trading
For the first time in seven years, the Reserve Bank of Australia cut interest rates. As a result, the Aussie is dropping in FX trading on the currency market.

The move was the result of a slowing economy, spurred on by credit market worries, falling oil prices and drops in other commodities. The Australian dollar is faltering in currency trading, although there is some idea that a recovery may come soon.
Bookmark and Share
.
PermalinkMore on the Aussie in FX Trading
.Australian dollar in currency trading
.http://forexhound.com/article.cfm?articleID=109470
.
PermalinkAustralian Dollar in Currency Trading
.FX trading with world currencies
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  Aussie FX trading, Australia interest rates, Australian dollar currency trading, currency trading, FX trading currency market, interest rates, Reserve Bank of Australia
by mmarquit | ↑top | link to this#
Syndication OptionsRSS (Rich Site Summary) Feed Atom Feed OPML (Outline Processor Language) Feed MYST-ML (MyST Markup Language) Content Feed MS-Office Smart Tag Subscription