adridado
01-27-2005, 04:31 AM
The influences will stay because of speculation the Reserve Bank will have to boost interest rates inflation data that is supportive to the dollar. The money has gained support within the previous 24 hours in US money vulnerability and there's the potential for capital inflows to Asia on speculation within money profits. The bond yield spreads have narrowed which is going to be a barrier to profits.
The Australian dollar may advantage higher in the brief term on momentum purchasing and there's a larger likelihood of a transfer to 0.7820 however, overall, it's doubtful if the Australian money provides good value over 0.7780 to a short term perspective.
Analysis provided by http://www.investica.co.uk
The Australian dollar may advantage higher in the brief term on momentum purchasing and there's a larger likelihood of a transfer to 0.7820 however, overall, it's doubtful if the Australian money provides good value over 0.7780 to a short term perspective.
Analysis provided by http://www.investica.co.uk