Archive for March 2009

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Aussie Rises as RBA Leaves Rate Unchanged

The Australian dollar went up against all other major currencies today after the country’s central bank decided to leave the policy interest rate unchanged, unexpectedly stopping its most aggressive rate-cutting streak.

EUR Fell as Eastern Europe May Not Get Help

The single European currency declined with a rather strong gap against the U.S. dollar and the Japanese yen today as the leaders of the developed Eurozone countries said that the Eastern European banks will not receive any financial aid.

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