Australian Dollar Continues It’s Rise

Published on September 22, 2010 by Technology Slice

Australian Dollar Continues It’s Rise – The Australian dollar traded near a two-year high, after the release of central bank minutes pointing to increased odds of an October interest rate rise. At 5pm Australian Eastern Standard Time, the dollar was trading at 94.54 US cents, a touch down from yesterday’s close of 94.55 cents. The [...]

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Fed Raises Discount Rate

Published on February 19, 2010 by Technology Slice

Fed Raises Discount Rate – The dollar touched a nine-month high against the euro after the Federal Reserve raised the discount rate charged to banks for direct loans for the first time in more than three years. The U.S. currency headed for a sixth week of gains against the 16-nation euro as the central bank [...]

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Importers Struggling

Published on February 11, 2010 by Technology Slice

Importers are struggling to cope with a weaker Australian dollar after the 11-month rally that drove it as high as 94 US cents came to an abrupt end. Turmoil on international markets, triggered in large part by debt default fears for several European nations, has stoked global growth jitters. The Aussie dollar, tied closely to [...]

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Convert Australian Dollars

Published on January 27, 2010 by Technology Slice

Convert Australian Dollars -The Australian dollar has been getting stronger and stronger as the australian economy continues to grow and thrive. This is why travelling internationally has become cheaper as the australian dollar is worth more. Converting your currency is easy. It can be done at any of the major banks, at airports or even [...]

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Buy Signals With the RSI and Bullish Reversal Candlestick Patterns

Published on January 26, 2010 by Technology Slice

The Relative Strength Index (RSI) is a fairly popular indicator that can tell you whether a stock or a currency pair is overbought or oversold. RSI value ranges between 0 and 100. Values below 30 indicate that the market is oversold and above 70 means that the market is overbought.

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