Wednesday, November 10, 2010

Scared of the Weekend?

n the forex market:Aussie (AUD): Risk aversion is pushing the Aussie slightly lower going into the weekend. If
commodity inflation persists, higher gold prices would benefit the Aussie.Kiwi (NZD): Same as the Aussie though slightly lower following the “risk ladder”.Loonie (CAD): The Loonie is lower as oil prices have pulled back as there is concern over the pace of global recovery. In addition the BOC said that there are no “pre-ordained

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