Australian Dollar steps higher on expectatios that the U.S. can avoid fiscal cliff

Source: Bloomberg
© Scanpix/FP
The Australian Dollar, so called Aussie, increased by 0.3% to $1.0369 in late Sydney trading session on Monday. The Aussie advanced against most of its major peers, as the U.S. President Barack Obama showed confidence, that the U.S. will be able to avoid the fiscal cliff. The President said that he is confident about solutions of the fiscal situation and that boosted stocks markets and demand for higher risk assets, which also contain the Australian and New Zealand Dollars.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.