Thursday, November 6, 2014

The AUD finally breaks to a new low.


The Australian Dollar has finally broken to a new low Wednesday thanks to the price of Iron Ore which dropped to its lowest level in 5 years. Today at 11.30am Sydney time we will get the latest official unemployment report which if weaker than expected will only add more selling pressure to the AUD.


The US Dollar also gained again after a private ADP employment report survey beat market estimates with 230,000 jobs being created in the month of October. 

Don't forget to catch the full Forex Fundamental News in the LTG GoldRock Insider Report go to www.ltggoldrock.com for more info. 

http://www.ltggoldrock.com.au
 


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