Re: Dollar rising- Aussie’s break ranks
October 27, 2008 at 07:57 AM EDT
[Skip to the end] (email exchange) Australia’s central bank has intervened to support the tumbling Australian dollar, but failed to prevent its slide to five-year lows against the U.S. currency and its deepest-ever trough against the yen. Over one year ago Paulson successfully got foreign CBs to stop buying dollars, that, along with rising crude prices, sent the [...]