Australian Dollar: “Still Surging” — Why, Again?

July 21, 2012 Comments Off

This is a story we’ve seen repeated in the forex markets again and again.

By Elliott Wave International

Picture this. It’s late May. You’re in Australia. You have an interest in the currency markets: Maybe you speculate in forex;  maybe your business depends on the exchange rates. Every morning, you scan the headlines. This is what you see regarding the Australian dollar during the last week of May…. Read more.

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