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<a href="http://www.accessmylibrary.com/coms2/summary_0286-22238061_ITM" title="Facts and information about FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - JAN 2, 2003.">FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - JAN 2, 2003.</a>
FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - JAN 2, 2003.
AsiaPulse News
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January 02, 2003 |
COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
SYDNEY, Jan 2 Asia Pulse - The Australian dollar has opened lower to begin 2003, although little action is expected as most countries continue to enjoy celebrations for the new year.
At 0700 AEDT, the Australian dollar was at US$0.5613/18, compared with US$0.5660/65 at Tuesday's close.
The Australian dollar put in a strong performance to end 2002 against the US dollar but was unable to sustain these gains against other currencies.
Dealers are expecting a similar performance over the remainder of the week with the risks skewed towards the upside.
"The (Australian ...
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Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - JAN 2, 2003.