Aussie shines again as rate hike inches closer

Untitled document AUD   The Australian Dollar was mixed to higher on news from Reserve Bank of Australia Governor, Glenn Stevens, who said that the Australian interest rates will most probably be raised sooner than previously thought.

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Aussie shines again as rate hike inches closer

Bad consumer numbers spells trouble for Yen

Untitled document JPY   The Japanese Yen fell in early trading on Tuesday after the island nation reported an unexpected fall, a record fall as well, in consumer prices.   The news sent investors out of the Yen as it is now expected that interest rates will need to remain near 0% for a while longer

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Bad consumer numbers spells trouble for Yen

Livin’ La Vida Loca Down Under

Untitled document   I have spent so much time talking about the US and Europe lately that I have almost neglected my favorite currency, the Aussie.   So I will try to avoid ranking on Obama and Brown and Trichet while I put a plug in for the down under dollar and go back to my love relationship with the potential this currency has.

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Livin’ La Vida Loca Down Under

Dollar continues its slide after brief trip up

Untitled document USD The Dollar fell on Tuesday once again after posting some gains earlier in the session on what seemed to be a continuance of the return of traders’ appetite for risk in the face of confidence that the economy is rebounding.   This sentiment was reinforced after April Pending Home Sale numbers showed its largest rise in close to eight years

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Dollar continues its slide after brief trip up