DirectFX-phone-number-and-phone-image3.gif

p_7_top.jpg

Get a free Quote

Name
Email
Phone
From CCY
To CCY
Amount
Message
please type the characters you see:
(spam filter)
spam control image
 
p_1_top.gif

Apply now

Obligation free account and currency commentary btn_apply_for.gif
p_1_bottom.gif
Browse By Topic

FX News

Most recent FX News:

Read more

The EURO remains under pressure against the teflon AUD

Written by Sam Coxhead on February 17th, 2012.      0 comments

5:32 PM (NZT) The EUR has again been under pressure this week, after finishing last week on the front foot against the AUD. Further concerns about the political intent in Europe to release the extended bailout funds to Greece,  has created the uncertainty for the EURO. The AUD obviously gained a boost from the stronger than expected employment numbers and this further eased the way for its appreciation. However it remains back from its previous highs, and a clear resolution of the concerns at Mondays Euro-group meeting would open the way for some appreciation from the beleaguered EURO. Again, any further gains by the AUD from current levels are going to be harder fought, as previous investigations proved.   
 
The current interbank midrate is:                                                            AUDEUR  .8207                    EURAUD 1.2184                                                                                       
 
The interbank range so far this week to date has been:                 AUDEUR .8090 - .8228     EURAUD 1.2153 - 1.2361
 

Comments