Thursday, May 14, 2009

Analysts are waiting for the continuation of the fall of AUD / USD

Australian dollar remained under pressure in light of the negative dynamics of equity markets in Europe and falling prices for metals to fresh minimum session, with the result that now the pressure is once again bidy of $ 0.7480/70. They are still holding back the pressure of bears, but ANZ Bank currency strategists warn that a clear break below would signal the potential for further falls, and orders to buy $ 0.7450 in the region remain under the threat of testing. A related position and have at BBH analysts and Citygroup, who see the potential for further weakening of optimism among investors and lower prices for raw materials and advised selling the Australian dollar against the American.

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