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Currency Trade News

Rate Expectations Send Aussie Dollar On Upward Trek

Saturday October 27, 2007
AN IMMINENT rate rise at home and an imminent rate cut abroad sent the Australian dollar to a 23-year high against the US currency, countering for now the effect of a record oil price.

G7 Silence Triggers Greenback Fall

Tuesday October 23, 2007
THE US dollar fell to a new low against the euro after a meeting of finance tsars flagged no official opposition to the weakness in the US currency.

Full Steam Ahead As Dollar Dazzles And Shares Continue Record March

Friday October 12, 2007
THE carry trade is back and it's bolstering the Australian dollar, last night helping it to a fresh double-decade high of US90.56?.