Tuesday, July 19, 2011

AUD/USD Performance Chart as at 1:00 p.m. Singapore time, 19/07/11

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HISTORICAL DETAILS
% Change
1 Wk 0.19%
1 Month -0.05%
3 Months -0.90%
6 Months 6.24%
1 Year 22.20%
 
52 WEEK
High 1.1012
Low 0.8634
 
BLOOMBERG MEDIAN FORECASTS
Q2 2011 1.07
Q3 2011 1.06
Q4 2011 1.04
Q1 2012 1.04
 
DAILY DETAIL
Overnight, the AUD showed remarkable resilience, recovering from earlier losses to end the US session flat from the previous day’s Australian close. This occurred despite ongoing concerns about the stalemate over the US debt ceiling, as well as the continuing debt issues plaguing Europe. Having ended Australian trade around the 1.0605 mark, the AUD drifted to a US session low of 1.0561 before recovering some ground to close at 1.0607. Upon recommencing for Asian trade, the AUD shrugged off another weak equities opening to edge up into the 1.0640 range before a dovish set of RBA meeting minutes saw the AUD pull back into the 1.0620 range. Cameron Peacock, Australia
 

 

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