Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 28, 2011, 05:00:35 am

Title: Aussie & Kiwi Retreat as Fed Considers Removing Stimulus
Post by: Hemant on March 28, 2011, 05:00:35 am

Aussie & Kiwi Retreat as Fed Considers Removing Stimulus

The New Zealand dollar fell and the Australian dollar reversed its upward trend versus the US dollar today on the speculation that the Federal Reserve may end its asset-purchasing program, reducing amount supply of the US currency.

Source: Aussie & Kiwi Retreat as Fed Considers Removing Stimulus (http://www.marketracks.com/forex/aussie-kiwi-retreat-as-fed-considers-removing-stimulus/forward/272/)