Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Friday, October 7, 2011

AUD recovers strongly

AUD recovers strongly after ECB announced that it would continue to assists lenders to prevent a credit crunch, easing the pressure in the Euro debt zone. Further recovery of AUD will depend on US job figures, due tonight Sydney time and also the Australian labour force set of data due coming Thursday...
AUD/MYR seen trading at 3.10 level
GBP/MYR stayed at 4.91 level

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