AUD/USD
Posted on April 7th, 2008 in Currency Analysis, RTT News |
Aussie Mixed Against Majors [AUD/USD]
4/6/2008 10:51:42 PM The Australian dollar showed mixed trading against its major counterparts during early Asian deals on Monday. While the Aussie gained against the euro and yen, it showed weakness versus the rest of its major counterparts.
At about 10:05 pm ET, the Aussie hit a low of 0.9260 against the Canadian dollar and 0.9181 against the US dollar. Against its European and Japanese counterparts, the Aussie hit as high as 1.7030 and 94.34 respectively.
The Australian trade balance report released at 9:30 pm ET, likely influenced the deals in the pair.
The seasonally adjusted trade balance in Australia widened to a record A$3.29 billion in February, the Australian Bureau of Statistics said on Monday, up from a deficit of A$2.56 billion in January.
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