The Australian dollar plummeted against its U.S. counterpart today after the U.S. stocks went down as the demand for the
The U.S. Securities and Exchange Commission charged the Goldman Sachs today, saying that the company and one of its vice presidents were deceiving the investors by omitting and misstating crucial facts about the financial product tied to subprime mortgages. The Aussie dropped also as China increased minimum mortgage rates after voicing its intention to subdue speculation as the property prices went up.
The experts say that the news about Goldman are hurting the risk sentiment, making the investors shun the riskier
AUD/USD closed today at 0.9251 after opening at 0.9344. AUD/JPY closed at 85.21 after it opened at 86.91
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