The Australian Dollar has gone relatively flat after a
very quiet days trading. It looks as though markets are waiting for a key
address on Friday from the Federal Reserve Chairman that could hint further
moves to stimulate the American economy.
The Fed chairman has used the annual speech to signal the Fed's policy
intentions and markets are hoping for an indication the US will undertake a
fresh round of quantitative easing. Traders could be left disappointed by the speech.
Pound To Australian Dollar - 1.5265
Euro to Australian Dollar - 1.2113
US Dollar to Australian Dollar - 0.9646
Bye For Now
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