Fussball » Australia since last

With the dollar's rebound Wilson Chandler Nets Jersey , the Australian dollar parity against the U.S. dollar failed to hold yesterday back to 0.9800 level. Australian dollar on Friday, when the intraday high was reached 1:1, which is implemented since 1983, floating
For the Australian dollar's decline in this wave reached parity in homeopathy, most analysts have long expected, since the September date DeAndre Jordan Nets Jersey , a well-deserved star of Australian currency, regardless of the dollar's decline, the risks of rising global stock markets preferred temperature, or the reason commodity prices go higher, and both support the Australian dollar's rise.

On Friday, Fed Chairman Ben Bernanke to speak a new round of quantitative easing Taurean Prince Nets Jersey , the policy orientation Bernanke once again to strengthen the market position of quantitative easing is expected, and the dollar lower against other currencies, in his speech after the U.S. Index Refresh intraday low, the Australian dollar and other non-US currencies rose across the board.

As a commodity currency, the Australian dollar's movements are also boosted by higher commodity prices. Fed expected to restart the quantitative easing, investors turn to gold Caris LeVert Nets Jersey , commodities, etc. for preservation. In addition, analysts believe the dollar is still maintaining a strong reason to the fundamentals of its more stable, relative to other economies, Europe, Australia once again is unlikely to ease monetary policy.

It is worth mentioning that a tough monetary policy Kyrie Irving Nets Jersey , Reserve Bank of Australia since last October to May of this year, Reserve Bank of Australia raising interest rates has already accumulated 150 basis points to 4.50% level. Despite the RBA pause this month, but analysts believe that the Reserve Bank of Australia rate hike in December is still expected.

One of the world's three major international rating agencies Fitch said recently that compared to other countries with high ratings, the Australian economic growth and public finances still have considerable toughness. This undoubtedly gave the Australian a comprehensive positive fundamentals.

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