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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on January 29, 2010, 11:16:27 am

Title: AUD/USD Sinks Back To .89 Amid Broad Dollar Strength
Post by: pranjali on January 29, 2010, 11:16:27 am
AUD/USD Sinks Back To .89 Amid Broad Dollar Strength
         


The AUD/USD is heading lower amid high volatility as the Dollar strengthens across the board after a better than expected U.S. economic data set. U.S. Advance GDP, Chicago PMI, and UoM Consumer Sentiment data all impressed and a Dollar buying spree has ensued as investors choose the U.S. economy as...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-sinks-back-to-.89-amid-broad-dollar-strength-20100129105646/