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Australian Dollar news

  
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Australia's dollar by 2015 could become an official global reserve currency.
Australia has long prided itself on �punching above its weight� in global sporting contests such as the Olympics. Now, the resource-rich nation of 22.6 million people and the world's 12th biggest economy may see its currency do the same, with the ...
Why the Strength of the Australian Dollar is Both Mysterious and Obvious  Daily Reckoning - Australian Edition
Azerbaijan Buys Australian Government Bonds  Wall Street Journal
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Why Hedge Funds Like the Australian Dollar
Growth has been slowing in China, with GDP hitting 7.4% in the last quarter. Some investors are thinking the bad news will continue, what with Chinese export markets like Europe having troubles of their own.
Aussie, Canada dollars termed reserve currencies
The Reserve Bank of Australia has already provided insights in holdings of the Australian dollar. It has published data based on a survey of central banks.
IMF considering loonie as reserve currency  National Post
RBA faces currency flows quandary  Financial Times
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LEARN FOREX: Chinese CPI Correlates with Aussie Dollar
According to the Australian Department of Foreign Affairs and Trade, China is Australia's primary export destination with 29% of exports arriving in China.
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Deloitte predicts bright future for tourism despite high Australian dollar
LACHLAN SMIRL: The dollar has certainly been a factor for Australian tourism and I think it's come through most strongly on outbound travel by Australians, which as we know is (inaudible) double digit growth over the last decade.
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Currency Devaluation: While Europe Gets Sinned, Australia Sins
It is trying to counteract the rise of the Aussie dollar which has happened because other countries are printing money and thereby devaluing their currency.
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Forex Correlations: Australian Dollar at Clear Risk as Volatility Near Lows
We see clear risk that the AUDUSD may continue to trade lower through near-term trade, but we may need to see a material shift in volatility expectations before a more sustained Australian Dollar reversal. --- Written by David Rodriguez, Quantitative ...
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Forex Analysis: Australian Dollar to Extend Drop Amid Risk Aversion
As we discussed last week, the Australian Dollar is rebuilding its correlation with broad-based risk sentiment trends, with the correlation between AUDUSD and the S&P 500 now at 0.57 on 20-day percent-change studies.
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No need yet for RBA dollar intervention
There was excitement over the past week at news the Reserve Bank of Australia may finally have weighed into currency markets to push down the value of the Australian dollar. Some analysts noticed the RBA recorded a relatively large $890 million ...
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7 Stocks to Benefit from a Falling Aussie Dollar
The Aussie dollar is one of the stongest currencies in the world - a situation which has done more harm than good to most Aussie companies.