Saturday, December 18, 2010

Royal Bank of Scotland: long-term investors bought AUD / USD is a good opportunity to appear.

<P> AUD / USD on Friday (May 20) Asian market rebounded in early trading from 0.8070 at the top, the maximum rose to 0.8194 after the moderate fall in the exchange rate at 0.8150 is currently above the consolidation. .</ P> <P> meeting this week suggest the RBA will pause the future, and the consumer confidence index plunged 7.0% monthly rate of accidents, and global stock market crash, the risk deterioration in sentiment, the Australian dollar / U.S. dollar since last week .five (May 14) has recorded a high of 0.8970 around 6 Lianyin, down more than 800 points. .</ P> <P> Royal Bank of Scotland (RBS) currency strategist Greg Gibbs said that while the AUD / USD fell to 0.8500 after the atmosphere of the venue have a negative impact, but in the long run, Australia's economic outlook remains positive .that now is the chance to buy Australian dollars. .</ P> <P> Gibbs said, "If you are a long-term investors, and will not be troubled by the trend of the next month and requires a lot of deleveraging, so now is a good opportunity to buy Australian dollars. This .opportunities are not often. </ P> <P> 08:20 GMT AUD / USD reported 0.8194/97. </ P>.

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