Australian currency declines to 34-month low as Fed concerns ease

Note: This section contains information in English only.
Source: WBPonline
The Australian currency traded moderately lower versus the Dollar on Friday, as the U.S. Dollar rebounds from the previous declines on comments from the Federal Reserve Chairman Ben Bernanke, who said the U.S. economy has not grew enough to allow the Fed to cut its bond purchase programme. The Aussie fell 1.72% to $0.9029 versus the U.S. Dollar, reaching the weakest level in 34 months. 
Back to articles

Actual Topics

Fri, 12 Jul 2013 16:10:07 GMT

Canadian Dollar declines on yield advantage

The Loonie dropped from yesterday's 3-week high as the U.S. bonds had 12 basis point yield advantage over Canadian debt. The Canadian Dollar decreased 0.2% to C$1.0385 per greenback at 7:57 a.m. Toronto time, while it hit C$1.0326 per Dollar yesterday. The Loonie declined as consumer sentiment in the States is expected to climb to a 6-year high.

Fri, 12 Jul 2013 12:44:04 GMT

WTI crude oil futures set for third weekly rise

West Texas Intermediate oil headed towards a third weekly advance, the longest period of climbs since May, and is expected to inch up next week on speculation the Fed will maintain bond purchases. The August WTI contract was at $104.79 per barrel and Brent for August delivery jumped to $107.75 per barrel.

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.