The AUD (AUDUSD) is down again, just under the 0.70 USD market at time of writing and failed to show any signs of life on the back of news that the US Government was going to inject $250 Billion into its core banking system and that the Australian Government is injecting a further $10.4 Billion into the [...]

Quick Update, the AUD (AUDUSD) is back above 0.70 USD at time of writing – a 2 cent improvement given the latest market surge. Against the yen (AUDJPY), it gained more than 4%, to as high as 72.1 before settling around 71.5. Keep on rocking up, AUD.

Update: Since the market has opened the Aussie Dollar has gained slightly, but is still under the 0.70 mark. Not sure its going to push above that until the G20 leaders release a clearer decision. The Australian Dollar (AUDUSD) and the New Zealand Dollar (NZDUSD) continue to fall on the back of lower commodity prices [...]