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View Full Version : Australian Dollar Drops as Fed Cuts Growth Forecast, Sapping Risk Demand - Bloomberg



NewsWhore
06-23-2011, 01:40 AM
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Australian Dollar Drops as Fed Cuts Growth Forecast, Sapping Risk Demand (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEHH7uTQRTNJRDPI5ZAfMCl7B8VUA&url=http://www.bloomberg.com/news/2011-06-23/australian-dollar-drops-as-fed-cuts-growth-forecast-sapping-risk-demand.html)
Bloomberg
“The US Federal Reserve didn&#39;t signal any chance of another round of quantitative easing,” analysts at National Australia Bank Ltd. led by John Kyriakopoulos, head of currency strategy in Sydney, wrote in a research note today. ...

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