RBA's Stevens surprised by SNB's holdings of Aussie

Note: This section contains information in English only.
Source: Bloomberg
The RBA Governor Glenn Stevens was surprised by the Swiss National Bank's decision to purchase the Australian Dollar, which is usually sold when prices of commodity fall. The SNB has been buying the Aussie since May, reflecting the severity of the Eurozone debt turmoil. The Australian Dollar is increasingly considered as a safe haven for some private and official investors. 
Back to articles

Actual Topics

Fri, 24 Aug 2012 07:29:03 GMT

Yen rises against its peers on increased safety demand

The Japanese Yen appreciated against most of 16 major counterparts this week due to Asian stocks' decline and discouraging global economic data that increased demand for safe haven assets. The Yen set for its biggest 5-day strengthening versus the U.S. Dollar in three months as reports showed U.S. unemployment claims rose while the latest reading of manufacturing in Europe and

Fri, 24 Aug 2012 08:26:57 GMT

RBA is prepared to act if economy slows

The RBA Governor Glenn Stevens said that officials are ready to take steps if the nation's economy slows, auguring Australia's mining investment boom will peak within the next two years. The Aussie Dollar declined to a 1-month low versus the New Zealand Dollar as Stevens said the Australian currency is likely to depreciate if the mining boom ends.  

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.