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

Wednesday, November 2, 2011

AUD/MYR eases

Aussie eases from a peak of 3.32 on 27th Oct to hit a intraday low of 3.21 on 1st Nov 2011 on doubt of the solution to Euro debt crisis and cutting of 25 basis point to RBA cash rate.
Since then it has shown some recovery, buying Ringgit 3.25
SGD/MYR also recovers from plunge of 2.438 low yesterday to trade at 2.46 ................ ..............XAU/AUD trades at 1675
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