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Dollar lower on inflation data

01-Sep-2008
Story Timeline:  93 days

THE dollar was lower at noon as the US dollar rallied on margin calls on Japanese yen cross trades, and after the currency took little comfort from the release of domestic economic data. At 12pm (AEST), the Australian dollar was trading at $US0.8538/42, down from Friday's close of 0.8609/11. During the morning, the local currency traded between $US0.8530 and $US0.8580. RBC Capital Markets senior currency... [read full story]                    

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Latest article on this story:

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news.com.au 01-Sep-2008
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