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Wednesday, May 18, 2011

Moody's cut its Australian Bank rating stable Australian dollar US dollar but Outlook flat

Wednesday (18) New York foreign exchange market, rating to Aa2 Moody's decision to cut Australia's four major banks, but the Outlook is stable. This may have caused some Japan retail investors uneasy, but the broader market may be more relaxed. AUD/USD were flat.

Wednesday (18th) rating to Aa2 Moody's decision to cut Australia's four major banks, but the Outlook is stable. This may have caused some Japan retail investors uneasy, but the broader market may be more relaxed. So just so that Moody's ratings of four banks and biaopu existing AA rating are consistent.

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analyst said , Which may explain why Asian sovereign account allegedly bargain buy AUD/USD, and why the alleged good buy is still concentrated in 1.061-20 area, and having heard that the more buying in 1.0580-90 region.

Wednesday (18th) New York, Australian dollar/US dollar in early trading narrow shocks, quick analysis continue to swing after midday, late rebound modestly.

from a technical point of view, Australian dollar/US dollar in recent trading has been in the 1.0526 box to shocks, 30-minute short-medium-term application of adhesive Bull sign up today, still need to adjust the time line. Resistance 1.0680,1.0740. Support 1.0610,1.0594.

5:57 ', AUD/USD 1.0628/31.