spacemobiles

Currencies – Australian Dollar Falls on Bad US Employment

Posted on: July 9, 2011

The Australian dollar fell against its US counterpart and the Japanese yen after the report about the US employment showed a very depressing result, reducing attractiveness of higher-yielding currencies. The depressing US payrolls report caused a surge of risk aversion on the Forex market, hurtin

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: