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Adam Currency Trading News
Adam Currency Trading News
$A lower but still above 106 US cents
The Australian dollar has fallen slightly, but is still trading above 106 US cents on positive news from the US and Europe.At 1200 AEDT on Friday, the local currency was trading at 106.03, down from 106.36 ...
Read more...Why the 'Glenstrata' alliance should not be allowed to stand
"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." Adam Smith, ...
Read more...Australia’s Central Bank Unexpectedly Holds Rate at 4.25%
Australia’s central bank unexpectedly kept interest rates unchanged as two cuts late last year help the economy weather Europe’s debt crisis. The nation’s currency soared to a six-month high while stocks declined.
Read more...Australia Holding Rate on EU Progress Spurs Currency: Economy
Australia unexpectedly kept interest rates unchanged as two cuts late last year help the economy weather Europe’s debt crisis, sending the nation’s currency soaring to a six-month high.
Read more...Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs
Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs
Read more...USD Outlook Hinges On Bernanke Testimony, Euro Carves Lower Top
USD Outlook Hinges On Bernanke Testimony, Euro Carves Lower Top
Read more...China forges Arab ties, hedging bets in the Gulf
To celebrate Chinese New Year last month, Dubai's swankiest hotel bathed its sail-shaped facade in red lighting accented with an image of a twisting golden dragon.
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