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Australian Dollar news

  
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Australia's dollar by 2015 could become an official global reserve currency.
The International Monetary Fund reportedly plans to include the ´┐ŻAussie´┐Ż as well as the Canadian dollar in next year's COFER (Currency Composition of Official Foreign Exchange Reserves) surveys, which currently consists of the U.S.
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.
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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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 considering loonie as reserve currency  National Post
RBA faces currency flows quandary  Financial Times
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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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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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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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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
Nevertheless, the Aussie dollar remains stubbornly high. Even cuts to interest rates have done little to nudge it lower. One reason for the resilience of the Aussie dollar is the dearth of other strong currencies. While conditions in Australia are ...
The Crix And Guava Jam Strategy: Delicious Australia
With most developed central banks practicing a Japanese style interest rate environment and even billion dollar asset purchase programs, the Australian monetary policy still has room to go lower. Indeed, times are hard across the globe as the central ...