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View Full Version : Aussie Rises as US Jobs Report Spurs Higher-Yield Demand - Bloomberg



NewsWhore
05-06-2009, 04:30 PM
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Aussie Rises as US Jobs Report Spurs Higher-Yield Demand (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaUxWJS265ylo%26refer%3Daustralia&cid=1344833334&ei=SucBSpuzK5fpkAX6lZ3vBw&usg=AFQjCNFvvFv-C7UkwqhXiUN8MSb8FmNreg)
Bloomberg - Oliver Biggadike (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Oliver Biggadike%22&hl=en&ned=us&ie=ISO-8859-1), Ye Xie (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Ye Xie%22&hl=en&ned=us&ie=ISO-8859-1)
“A pickup of demand in emerging markets should benefit commodity currencies,” said Todd Elmer, a currency strategist at Citigroup Inc. in New York. “There&#39;s significant ammunition left to buy the Aussie.” Australia&#39;s currency rose 0.6 percent to 74.71 ...


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