The Australian dollar dropped from its 11-week high

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Title : The Australian dollar dropped from its 11-week high
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September 2013

The Australian dollar dropped from its 11-week high on Wednesday, as investors saw profits after the aussie peaked at $0.9319, its strongest value since June 27 as the tensions in Syria eased.
The Aussie dollar was bought 0.27% lower at $0.9278 as of 6:39am GMT, at the same time it eased at 0.10% to $1.4270 against the euro.
Wespac Melbourne Institute carried out a survey on Wednesday, which showed that Consumer sentiment index advanced to its highest level since December 2012, gaining 4.7% in September to an index reading of 110.6 higher in August. The Reserve Bank of Australia (RBA) kept its benchmark cash rate unchanged at its all-time low of 2.50% and did not indicate whether is it likely to lower or raise the interest rate further.
Tony Abbott won the Australian general elections as the next Australian prime minister on September 7, ending the six year rule by the Labour Party and winning 88 seats out of 150. Abbott will face the continuous rise and fall of the overvalued country’s currency, as the Reserve Bank of Australia said it would possibly lower levels, with predictions of $0.88 on a yearly basis.

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Easy Forex - Australia Fx brokers

September 2013 - Hello, forexnpx, in the article that you're reading entitle September 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australia forex brokers, Artikel Australian Forex brokers, Artikel forex market hours in Australia, which we have written, you can understand well, and happy reading.

Title : Easy Forex - Australia Fx brokers
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September 2013

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Admiral Markets Review - Australian Forex brokers

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Title : Admiral Markets Review - Australian Forex brokers
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September 2013

admiral markets
Admiral Markets was established in 2001 by forex specialists with an aim to create a FX trading platform for investors. Today Admiral Markets has grown and continues to provide leading and customized services with branches in 15 countries, including Belarus, China, Poland, Croatia, Romania, Estonia and Latvia.

The Online trading site provides clients with educational resources needed to trade Forex online, which includes consistent market trading analysis, news and much more, as well as platforms to trade online. Admiral Markets provide clients with the use of Meta Trader 4 platform, which is the most advanced and widely used platform among the trading platforms available for online Forex trading.

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Think Forex Review - Australian Forex brokers

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September 2013

think forex review australia
Established in 2010 and served as an offshore broker for two years, ThinkForex is a large forex broker located in New Zealand and licensed by Australia Securities and Investments Commission (ASIC). ThinkForex was established with a goal to offer clients a platform for new and experienced traders and keep its clients updated with constant news, analysis and forex education.

ThinkForex offers its clients a range of trading platforms to select from, including the optional Meta Trader 4 platform to choose from, to allow traders to select that platform that suits their method of trading. Traders can use the downloadable version of the MT4 version as a web-based version or MAM version or for mobile phones.
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ThinkForex offers traders with various methods of deposits and withdrawals. Some which includes Bank Wire deposits or Credit/Debit Card deposits.

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Aussie Rises Against Greenback On Upbeat Data

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September 2013

Aussie Dollar
The Aussie dollar advanced against the greenback on Monday after the country’s building permits rose in July and China’s manufacturing PMI showed another month of growth.

The Australian dollar advanced 0.74% to $0.8965 as of 5:22am GMT, while it rose 0.77% to $1.4726 against the euro at the same time. Meanwhile, reports from the Australia Bureau of Statistics (ABS) showed that the Australian approvals for construction added 10.8% in July and grew 28.3% compared to last year. In June, the construction approvals declined 6.9%.



Another data released on Monday showed a slight growth in houses prices in Australia by 0.5% in August, picking up from previous month’s loss of 1.6%.

The Reserve Bank of Australia (RBA) cut its lending-rate to 2.5% on August 6, to boost the growth in the non-mining sector of the country’s economy.

Minutes released from the August 6 meeting stated that "a number of indicators were pointing to a further recovery in dwelling investment, consistent with the low level of interest rates," adding that "loan approvals were at their highest level in over three years."

The minutes released from the meeting did not indicate whether the bank would cut its interest rates further but did state a possibility.

China’s positive manufacturing data showed a growth for the first time in four months, as the aussie dollar was driven by the Chinese positive manufacturing PMI data.

On Monday, HSBC’s Purchasing Managers Index final reading showed that the manufacturing sector rose to 50.1, as the world’s second biggest economy grew in the manufacturing sector in line with HSBC’s initial reading.

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ASIC warns investors about investing in companies with majority of its operations in emerging markets.

September 2013 - Hello, forexnpx, in the article that you're reading entitle September 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Market updates, which we have written, you can understand well, and happy reading.

Title : ASIC warns investors about investing in companies with majority of its operations in emerging markets.
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September 2013

ASIC
Watchdog has warned investors to take extra cautions and be careful when investing into any local companies which have majority of its assets in developing countries.
Research taken by the Australian Securities & Investments Commission has shown that approximately one third of Australian companies listed in the stock exchange have most of their assets in emerging markets such as Africa, Eastern Europe, South America and Asia Pacific. 
The investigations is also being taken place in Canada after the Chinese company Sino Forest, was out of action after listing on the Toronto stock exchange along with fraud allegations. 
The Australian Securities & Investments Commission (ASIC) announced it will put up an investment checklist for investors that are interested in the emerging market issuers.

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