FXstreet.com (Barcelona) - The AUD/USD could get a boost if as feared, the Fed decides to embark upon fresh stimulus, as the latest FOMC seem to signal, says ANZ FX Strategists. "Any Fed stimulus would obviously help the AUD and NZD. However, the Fed's central case is for continued modest growth, which suggests we will need to see a new period of economic weakness for the FOMC to act."
Forex Flash: More Fed stimulus to lift Aussie, Kiwi - ANZ
Tue, Nov 22 2011, 21:46 GMT | FXstreet.com
AUD/USD Jun 20 at 00:51 GMT
0.9299/00 (0.05%)
H0.9316 L 0.9262
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Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
