1. QUOTE from:
    Dollar trading half a cent higher
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    Ms Hampton said the British pound strengthened with the news that US-based foods maker Kraft was maintaining a hostile takeover bid for UK confectioner Cadbury. "That has paved the way for this US dollar weakness, and then there was news that Microsoft was supposed to be putting in a bid for Canadian company, Research in Motion, and that saw the Canadian dollar strengthen." She said the soaring gold price also had contributed to a weaker US dollar. Full Article at PerthNow
    That has paved the way for this US dollar weakness, and then there was news that Microsoft was supposed to be putting in a bid for Canadian company, Research in Motion, and that saw the Canadian dollar strengthen.
    SOURCE: PerthNow 3 weeks ago
All quotes from:
Dollar trading half a cent higher
  1. All of those things combined really served to provide a weaker US dollar and against that the Aussie ticked higher. I guess the strong performance from equity markets and buoyant risk appetite has also served to favour risk sensitive currencies like the Australian dollar.
    SOURCE: PerthNow 3 weeks ago
  2. Really, I think it's probably just a bit of consolidation after a night of some very strong gains.
    SOURCE: PerthNow 3 weeks ago
  3. Part of this is a bit of a flow on effect from the G20, basically the inference of any strong US dollar comments and there was the IMF report over the weekend suggesting the US dollar was still on the strong side
    SOURCE: PerthNow 3 weeks ago

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