fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Aussie Spikes Up After China Slashes Rate By 25 Bps  Thu Jun 07, 2012 11:30 am | |
| Aussie Spikes Up After China Slashes Rate By 25 Bps The Australian dollar edged sharply higher against its major rivals after China cut the benchmark deposit rate by 25 bps to 3.25 percent, effective tomorrow. As of 7:10 am ET, the Australian dollar was trading at 0.9970 against the greenback, 79.10 against the yen and 1.2618 against the euro. More FOREX-news on pages InstaForex.Com  TELETRADE: Forex Managed Accounts Project | |
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