More from FXstreet.com

Forex Flash: AUD ‘risk atmospherics broadly positive’ in January - Westpac

By FXstreet.com,  January 09, 2013, 10:24:00 PM EDT

FXstreet.com (San Francisco) - According to analysts at Westpac, there has been a 37% rise in spot iron ore prices since the end of November. "While we do view the iron ore price squeeze as overdue for a pullback, we would not revisit [shorting AUD/CAD] near term, with risk atmospherics broadly positive for AUD this month," Westpac says in a research note.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

Obama Promises Strong Oversight of Drone Strikes
Obama Promises Strong Oversight of ...
College Teams Band Together to Raise M F T V
College Teams Band Together to Rais...
Duo Arrested in Connection to 60 Burglaries
Duo Arrested in Connection to 60 Bu...
Police Now Involved in Duck Killing
Police Now Involved in Duck Killing


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.21 0.10  0.75%
HPQ $ 24.86 3.63  17.10%
SIRI $ 3.545 0.01  0.28%
MU $ 11.39 0.47  4.30%
MSFT $ 34.15 0.46  1.33%
F $ 14.81 0.16  1.07%
QQQ $ 73.45 0.17  0.23%
GE $ 23.66 0.20  0.84%