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

    Jan 11, 2010
    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

    Oct 3, 2011
    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 openly encouraging illegals to vote! Video Nov 6, 2016
The Fire For Effect and Totally Politically Incorr Obama for dictator? Oct 10, 2016
The Fire For Effect and Totally Politically Incorr Did the veto override hurt Obama? Sep 29, 2016
The Fire For Effect and Totally Politically Incorr Obama's G-20 trip, the world is a sick of him as we are Sep 6, 2016
The Fire For Effect and Totally Politically Incorr OBAMA Will Bypass Senate, Ratify Paris Climate Accord Himself During Trip To China Aug 30, 2016