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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on January 27, 2010, 05:47:28 am

Title: AUD/USD Relinquishes Earlier Gains Following Strong CPI
Post by: pranjali on January 27, 2010, 05:47:28 am
AUD/USD Relinquishes Earlier Gains Following Strong CPI
         


The AUD/USD is right back where we left it yesterday despite a pop during the Asia trading session after CPI came in a basis point above analyst expectations, allaying investor fears over MondayÂ’s weak PPI number. However, the mixed pricing data makes the central bankÂ’s upcoming monetary policy decision a...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/aud%10usd-relinquishes-earlier-gains-following-strong-cpi-20100127105416/