- The pound made it to three consecutive days moving higher against the Australian currency, with fears about the global recovery stifling demand.
- However, investors have gone back to aussie buying this morning, relieved after President Obama did not sound too forceful on the banking overhaul during his State of Union address.
- Currently the aussie is only up around 0.2% though, with the price still hovering above 1.80 with traders apprehensive about possible hiccups in the re-appointment of Ben Bernanke as the chairman of the Fed.
Thursday, 28 January 2010
AUD - The pound moved nearly a cent higher against the aussie dollar yesterday, buoyed by comments from a BoE policymaker.
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