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    1. #1

      Title
      Foreign Exchange
      Join Date
      Apr 2010
      Location
      Sydney, London, Toronto
      Posts
      19
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      OzForex is on a distinguished road

      OzForex Market Update (11/10/2010 - 15/10/2010)

      Good morning all,

      I hope you all had a great weekend? Here's the market update from last weeks activity.

      The Aussie came within a whisker of parity during overnight trade hitting a high of 0.9993, its highest level against the US Dollar since the currency floated in 1983. Buoyed by strong commodities, high interest rates and a friendless greenback that has been sold heavily in recent weeks as the US Federal Reserve grapples with the prospect of pumping more money into their economy to avert a double dip recession.

      The Pound has moved higher against the U.S. Dollar, once again thanks largely to the well-documented greenback woes rather than any underlying Sterling strength. The New Zealand Dollar opens lower today at 0.7560 after a fall during yesterday''s domestic session.

      Thank you to all those members who have PM'd me with their own FX questions.

      Have a great week.

      Regards

      Jon

      Jon Sermon
      Alliance Manager


      !

    2. Moneycorp - Commercial foreign exchange since 1979
    3. #2

      Title
      Aldo is a Dil
      Join Date
      Jun 2008
      Posts
      257
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      thearmchairdetective is on a distinguished road
      Thanks Jon, so how many Au/Nz Dollars will I get for say 100 please?

    4. #3

      Title
      Foreign Exchange
      Join Date
      Apr 2010
      Location
      Sydney, London, Toronto
      Posts
      19
      Liked
      1 times
      Rep
      OzForex is on a distinguished road
      Good morning Tony.

      I'm pleased you enjoy the information.

      www.tranzfers.com

      Feel free to check out our currency convertor on our Tranzfers site as this caters for smaller transactions.

      I hope this helps.

      Regards

      Jon
      !

    5. #4

      Title
      Aldo is a Dil
      Join Date
      Jun 2008
      Posts
      257
      Liked
      23 times
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      thearmchairdetective is on a distinguished road
      Nice one Jon, Thanks.