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Apr 10, 2013
Forex: AUD/USD extends the rally above 1.0500
The Aussie dollar is extending its weekly upside leaving behind the key resistance at 1.0500 on Wednesday, despite the weaker Consumer Confidence gauged by Westpac index dropped to 104.9 from 110.5 for the month of April...
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Apr 10, 2013
Forex Flash: USD/JPY year-end forecast raised to 110.00 – UBS
The Australian dollar has seen some additional buying pressure over the past few days as investors anticipate outbound portfolio flows from Japan in the wake of the Bank of Japan's policy decision. Overnight however, stronger than expected China imports gave the AUD/USD another boost - especially on the back of the sharp increase in iron ore imports.
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