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Currency Trade News

Weaker Us Dollar Is Poised To Push Aussie Through Us80?

Tuesday November 28, 2006
THE dollar looks set to break through the US80? barrier in the next few months as global investors continue to sell the US currency on rising speculation that the US Federal Reserve's next move will be to cut interest rates.

International Effort To Open Up Oil Trade

Monday November 13, 2006
THE world's most powerful central bankers will meet in Melbourne this weekend to plot to pry open the global oil cartel, with the aim of bringing down petrol prices at the pump.

Join The Club, Russia Told

Sunday November 12, 2006
RUSSIA and the United States have announced a bilateral deal that will finally allow the Russians to join the World Trade Organisation after 13 years of trying.