Forex | Forex | AUD followed the broader dollar move and rose from 0.7985 to 0.8095 (30/06/2009 05:42:19)

AUD followed the broader dollar move and rose from 0.7985 to 0.8095

News and views US data had a weak tone, Chicago Fed activity weaker than previous, and Dallas Fed manufacturing weaker than market expectations. Despite this, the S&P500 opened strongly and held onto the gains through the session, up 1.0% near the close. Quarter end window dressing (buying the winners and selling the losers) seemed to be the main factor behind the strength. Shanghai’s equity index posted a new 2009 high, and is at June 2008 levels. Oil rose 3.4% on fresh rebel attacks on


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