Tag Archives: AUD/USD

AUD/USD near term forecasts for CY2011

The AUD/USD currency pair continues to astound the most avid observers of historical exchange rates in the world of forex. One must go back thirty years to find rates comparable to today’s market valuations, and since the year 2000, the Aussie Dollar has more than doubled in value to reach today’s rate. Often viewed as a barometer of global growth, it closely correlates with the demand for commodities and has appreciated greatly due the success of emerging markets in Asia.

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