According to analysts of Commonwealth Bank of Australia, interest in the Australian dollar incurred in the bid in Asia to continue in Europe. However, AUD / USD, most likely will not be able to overcome the immediate area of 0.8100. In broad perspective the Bank expects the consolidation of a pair in the range of 0.7800-0.8200, noting that the stabilization and growth in commodity prices will provide additional support for the Australian currency.
Friday, June 26, 2009
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