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

Monday, November 28, 2011

Stocks surge on positive news. Aussie surges

Aud/Myr surge from 3.10 to 3.18, registering a gain of 2.6 % on positive news of Euro rescue and also business confidence in Germany.
Meanwhile gold Xau/Aud retreated from 1740 to 1725 on stronger A$.
Aussie is buying 99.2 US cents and will inch towards parity US$.

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