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View Full Version : Australian Dollar Gains From Six-Week Low After Business Investment Rises - Bloomberg



NewsWhore
05-26-2011, 12:10 AM
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Australian Dollar Gains From Six-Week Low After Business Investment Rises (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHOQkD7r0JdIXqsESY1ZNdU7Z2M6g&url=http://www.bloomberg.com/news/2011-05-25/aussie-rebounds-from-3-month-low-versus-kiwi-before-capital-spending-data.html)
Bloomberg
“Today&#39;s stronger-than-expected capex data is very much the reason for the higher Aussie dollar bias,” said Jonathan Cavenagh, a currency strategist at Westpac Banking Corp. in Singapore. “The outlook is very bullish and I suspect that&#39;s why the Aussie ...

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