Monthly Archives: November 2014

Update on Oil

It seems that OPEC would not reduce production as predicted by many but final decision will be pronounce later today.  Crude oil downed $1.29 during the Asian session trading at 72.80 while Brent oil slid to $1.03 at 76.60. Developments

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The US Dollar Against Yen and Aussie Dollar

Yesterday morning, the Aussie escalated to trade at 0.8584 that added 36 points to the weakening US dollar towards a stronger economic data. According to the Business Sales Indicator (BSI), providers of financial service recorded for the nth time the

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Aussie Economy Updates

The Australian economy is moving away from mining to other more profitable industries. This is a justification of the RBA’s strategy of maintaining exceptionally low interest rates while clamoring for a weaker Aussie dollar. Investments made by companies not belonging

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