Obama , aussie economy say thanks again ..

Discussion in 'The Fire For Effect and Totally Politically Incorr' started by jack404, Apr 29, 2012.

  1. jack404

    jack404 Former Guest

    Joined:
    Jan 11, 2010
    Messages:
    17,575
    Location:
    Australia
    THE Australian dollar has risen steeply on weak US growth data.
    Official data released on Friday showed the US economy has expanded by an annual rate of 2.2 per cent - less than the forecast 2.5 per cent.
    Commonwealth Bank currency strategist Joseph Capurso said this allowed the Australian currency to spike up.
    "The main move upwards for the Aussie dollar was based on US dollar weakness because of that GDP result,'' he said.


    Read more: http://www.news.com.au/business/aus...dp/story-fn6t6wad-1226342290208#ixzz1tUO8c2YG
  2. raven818

    raven818 Well-Known Member Supporting Member

    Joined:
    Oct 3, 2011
    Messages:
    9,145
    Location:
    Jax, Fl.
    Your welcome, jack.
    Anything else he can do for you? Probably shouldn't answer that.
    Just checked..gold's up 9 bucks since Friday. That generally is bad news for our dollar.
Similar Threads
Forum Title Date
The Fire For Effect and Totally Politically Incorr Obama Critic Arrested in Texas Tuesday at 9:21 PM
The Fire For Effect and Totally Politically Incorr Obama orders 'mental-health' testing for schoolkids For Gun Control Nov 10, 2014
The Fire For Effect and Totally Politically Incorr Nobel Committee Asked to Strip Obama of Peace Prize and Give It To… Nov 1, 2014
The Fire For Effect and Totally Politically Incorr Blacks are speaking out against Obama and the Dems finally! Oct 28, 2014
The Fire For Effect and Totally Politically Incorr Obama on tape being racist- warning..funny Obama parady in here Oct 1, 2014

Share This Page