Category: Currency Currents

Action.

There seem a handful of things in play today that are influencing rather mixed price action. Here¡¦s a quick update on how things are going so far today.

- Aussie powered to a new high on a rate hike by the Reserve Bank of Australia the consensus was not expecting. The Aussie is now trading above par against the buck.

- Euro following Aussie higher on better than expected Purchasing Managers reports from the eurozone--the reason given for the move today.

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