Aust dollar slips in late trade

By AAP with Elizabeth Redman

However, Easy Forex currency dealer Ricky Liu said the Australian dollar is more likely to react to Friday's US employment growth figures, which have been very strong lately. "It's been relatively quiet in the Asia-Pacific markets for the last two days," he said. "For this week there is more of a focus on the US side, people are expecting something better than the forecasts, that's why the US dollar rallied against the yen and most of the other currencies.

Read more here: Business Spectator

    

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>