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View Full Version : Australian Dollar Holds Near Week-High After Bernanke Boosts Risk Appetite - Bloomber



NewsWhore
08-29-2011, 01:10 AM
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Australian Dollar Holds Near Week-High After Bernanke Boosts Risk Appetite (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNETKdeIe1NTMeQY8swm7CO6YUhMpA&url=http://www.bloomberg.com/news/2011-08-28/australian-dollar-holds-near-week-high-after-bernanke-boosts-risk-appetite.html)
Bloomberg
The risk in such trades is that currency market moves will erase profits. Trading in cash-rate futures shows investors are betting the Reserve Bank of Australia will cut its key rate to 3.92 percent by December, compared with wagers on a 3.86 percent ...

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