1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 18, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Joined:
    Dec 24, 2007
    Messages:
    2,465
    Likes Received:
    0
    With the recent U.S. Federal Reserve rate cut to a record low, the interest rate differential between AUD and USD has widened to a substantial 4.00%. As shown on the accompanying AUD/USD daily chart, this expanded differential has helped contribute to a significant rise in the exchange rate. After having...

    complete article here...
     
Loading...

Share This Page