Australian Dollar Collapses

Posted by Drew Zimmerman

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The Australian Dollar hit new 3 1/2 year lows trading down to 87.76 against the US Dollar. The Australian Dollar was pushed lower on the release of a weak jobs report with a loss of 23K on the expectation of a +10k release.

 

Drew Zimmerman

Investment & Commodities/Futures Advisor

604-664-2842 – Direct

604 664 2900 – Main

604 664 2666 – Fax

800 810 7022 – Toll Free

dzimmerman@pifinancial.com

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