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Australian Dollar news

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Articles published

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
Australian Dollar Outlook - 29 November 2012  International Business Times AU
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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.
Why Rate Cuts Won't Take Down the Aussie Dollar
The prospect of lower interest rates often means one thing in financial markets� a weaker currency. But that does not appear to be the case with the Australian dollar, which is expected to stay strong even as the nation's central bank looks set to cut ...
RBA might be printing money for foreign banks: UBS  Radio Australia
Australia Sparks Currency Gain by Holding Key Rate: Economy  Businessweek
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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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Australian Dollar Outlook - 15 November 2012
Australia: The Australian dollar has seen a significant pull back this morning as it followed equity markets lower overnight.
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How the Aussie Dollar is Caught in a Worldwide Game of Currency Chess
Foreign currency values are important to Aussie investors because they affect the value of the Aussie dollar. This in turn affects earnings and the value of stocks.
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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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Aussie, Canada dollars termed reserve currencies
LONDON (MarketWatch) - The Australian and Canadian dollars, the world's leading commodity-rich currencies, are being formally classified as official reserve assets by the International Monetary Fund, marking the onset of a multi-currency reserve ...
IMF poised to list Aussie dollar as a reserve currency  The Australian
Aussie moves in elite company  Sydney Morning Herald
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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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