Bell FX: The AUD lost ground overnight, at USD0.9089 on the back of a much stronger ISM result out of the US

Bell Potter

Bell FX: The AUD lost ground overnight, at USD0.9089 on the back of a much stronger ISM result out of the US. The stronger data convinced the market that the US Federal Reserve's Federal Open Market Committee could begin tapering its stimulus measures as early as this month. This saw the USD stronger across the board for the remainder of the offshore session. Today's Forecast Range USD: 0.9065 - 0.9150


Bell Potter

Bell Potter is a member of the Bell Financial Group (BFG) of companies. We are one of Australia's largest full service stockbrokers and a leading financial advisory firm, offering a full range of services to private, corporate and institutional...

Expertise

australian dollar

Comments

Please sign in to comment on this wire.