FOMC and the Risk of Disappointment | BK Asset Management: "The Australian dollar extended its losses against the U.S. dollar today, to its weakest level in 4 months. Despite an uptick in the leading index and relatively benign RBA minutes, investors appear to be aiming for Central Bank Governor Glenn Steven’s 85 cent target. The slide in AUD/USD was driven mostly by demand for NZD vs. AUD. "
'via Blog this'
