AUSTRALIA

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Australian Dollar Outlook 16/8/2010

The Australian Dollar has opened weaker this morning trading around the 0.8950 level after a fairly quiet US session on Friday night in which US data releases were not that bad in relation to consensus.

Digital drug I-Doser negatively influencing teens

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According to the official web site, I-Doser is a brainwave synchronizer that emulates the use of prescription drug. The site sells iDoses that range from a price of $US2.75 for a standard heroin track to a price of $US199 for the Gates of Hades that comes with an enticing combo of Smoke and torment. Weeping and gnashing of teeth. Destruction.
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Australian Dollar Outlook 11/8/2010

The Australian Dollar continued to be sold off late yesterday and into the evening trading session ahead of the widely anticipated FOMC Meeting overnight.
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Australian Dollar Outlook 10/8/2010

The AUD has opened slightly weaker this morning currently trading at USD 0.9160 as many investors square up some positions before the Federal Reserve's meeting tonight.
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Smoothies aid McDonald's July sales

New summer drinks in the United States and longer hours in Europe helped McDonald's Corp sales beat Wall Street forecasts for July and lifted its shares to their highest ever.

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