FINANZE - NEWS http://www.finanze.net NEWS it info@finanze.net info@finanze.net FINANZE RSS Feed Generator Australian dollar, big buying opportunity Markets have recently traded currencies based on relative interest rates. On Friday Australian monetary authorites have hinted at a stabilizaton in interest rates. Market is discounting at least another one point drop in official discount rate. Possible change in perception should give Australian dollar a great boost. This should hold true particularly against Euro: while Australia has anticipated a drop in business cycle, ECB is widely believed to be way behind the curve. The combined effecy should be very positive for the Aussie. http://www.finanze.net/news-Australian_dollar_big_buying_opportunity-1815.html Sun, 22 Feb 2009 00:00:00 GMT