{"id":7923,"date":"2010-03-24T11:41:35","date_gmt":"2010-03-24T15:41:35","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7923"},"modified":"2010-03-24T11:41:35","modified_gmt":"2010-03-24T15:41:35","slug":"aud-declines-as-dollar-strengthens-and-commodities-drop","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/24\/aud-declines-as-dollar-strengthens-and-commodities-drop\/","title":{"rendered":"AUD Declines as Dollar Strengthens and Commodities Drop"},"content":{"rendered":"<p><strong>By Ashley Smith<\/strong> &#8211; The Australian and New Zealand Dollars have been suffering this week  along with other higher yielding currencies from the negative economic  sentiment and the strong Dollar. Continued concerns over the Greek debt  crisis, as well as today\u2019s downgrade of Portugal, dampened demand for  riskier currencies and pushed investors to the USD as a refuge.<\/p>\n<p>The decline in Gold and Oil prices throughout the week also  contributed to the decline as these are Australia\u2019s 3rd and 4th most  valuable commodity exports. With no major news events from the region  this week, the South Pacific currency continues to follow the trend of  other growth linked currencies and decline versus the Dollar. The AUD is  currently trading at 91.16 U.S cents after briefly dropping to below  90.00 cents.<\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex     Yard.<\/strong><\/a><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and     may not be suitable for all investors. There is a possibility that   you   could sustain a loss of all of your investment and therefore you    should  not invest money that you cannot afford to lose. You should be    aware of  all the risks associated with Foreign Exchange trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ashley Smith &#8211; The Australian and New Zealand Dollars have been suffering this week along with other higher yielding currencies from the negative economic sentiment and the strong Dollar. Continued concerns over the Greek debt crisis, as well as today\u2019s downgrade of Portugal, dampened demand for riskier currencies and pushed investors to the USD &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/03\/24\/aud-declines-as-dollar-strengthens-and-commodities-drop\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AUD Declines as Dollar Strengthens and Commodities Drop&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7923","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=7923"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7923\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}