Back
24 Jun 2013
AUD/USD - 0.9250 selling, Aus PM take rate to 0.92
FXstreet.com (Barcelona) - The AUD/USD is easing off its highs at 0.9250, area where hedge funds have been selling recently, with the pair currently visiting the 0.92 round number, which seems to provide some support.
Australian PM comments negative for the Aussie
The latest slide comes also at a time when the Australian Prime Minister Julia Guillard crossed the wires saying that a depreciation in the AUD value was good for the Australian economy.
Order board
Looking at the order board, Eamonn Sheridan, Editor at Forexlive, notes "offers at 0.9270/80 then some stops above 0.9290 but mixed with offers again 0.9300 and just above; to the downside, bids 0.9190/9205."
Australian PM comments negative for the Aussie
The latest slide comes also at a time when the Australian Prime Minister Julia Guillard crossed the wires saying that a depreciation in the AUD value was good for the Australian economy.
Order board
Looking at the order board, Eamonn Sheridan, Editor at Forexlive, notes "offers at 0.9270/80 then some stops above 0.9290 but mixed with offers again 0.9300 and just above; to the downside, bids 0.9190/9205."