After falling as low as 0.9779 from its previous close of 0.9827, AUD/USD is now targetting 0.9723 (S1) before hitting a relatively stronger support line at 0.9707 (S2).
Fundamentals for the commodity currency now back AUD/USD targeting 1.0006, as the 61.8 percent fibonacci from 1.0181 to 0.9723 projects.
The Gold Price held near last night's new record highs for US, Euro and Sterling investors in London trade on Tuesday, recording an AM Gold Fix at $1426 per ounce as world stock markets gained more than 1.5%.
After Paypal and Swiss authorities closed the accounts of Wikileaks, it's Mastercard's turn to refuse any financial support to Wikileaks' money transfers.
England nailed Australia's coffin on the final day of the second Ashes test at Adelaide to take a 1-0 lead in the series with three matches remaining after a brilliant 5-91 from Graeme Swann, giving England every chance to retain the Ashes series.
Australia's Attorney-General Robert McClelland hinted that the government would not stop WikiLeaks founder Julian Assange from coming home. According to a spokesperson of McClelland, the Attorney-General stated that the 39-year-old Australian is 'entitled' to come home and could also avail consular assistance overseas.
Kellogg Co. (NYSE: K) said chief executive David Mackay announced his plans to step down, and he will be succeeded by chief operating officer John Bryant, effective January 2, 2011. The cereal giant also reaffirmed its 2010 and 2011 sales and profit forecasts.
It was cracker till the last ball when England's Kevin Pietersen dismissed Michael Clark to land Australia a heavy blow on day four of the second Ashes test at Adelaide leaving the Aussies at 238/4 needing 137 runs more to avoid an innings defeat on day five.
Researchers from Australia are using data mining techniques to treat and prevent depression.
Oleg Nikolaenko, a 23-year old Russian, has pleaded not guilty to federal charges that he is the mastermind behind a notorious botnet, dubbed Mega-D, that controlled a network of infected computers and generated some 10 billion spam e-mails daily, or a third of the world's total.
Australian former Prime Minister Kevin Rudd told US Secretary of State, Hillary Clinton to be prepared to use 'force' against China, if it does not allow itself to be integrated into the international community, leaked US diplomatic cables reveal. Describing himself as a 'brutal realist', the former PM, who is also Australia's current Foreign Affairs minister, reportedly maintained that deploying force should be an option 'if everything goes wrong' with regards to the commun...
A weaker-than-expected US jobs data on Friday forced investors to sell dollars and seek shelter in precious metals, helping silver and palladium post two-digit weekly rise and reach fresh multi-year highs in the week to December 3. An IB times study on gold and dollar index suggests investor interest to sell dollar for buying gold probably increased in the week.
Whistle-blower-turned fugitive Julian Assange stayed off the hot trails of the Interpol on Friday to do a live chat on The Guardian; and he was reportedly flooded with messages brimming over with admiration, fulsome praise and offers of donations and other help.
FIFA takes the Football World Cup 2018 and 2022 to new territories of Russia and Qatar, raising concerns over risks involved in the selection of venue.
England seized control with a superb bowling performance against Australia on the first day of the second Ashes test at the Adelaide Oval as James Anderson's 4-51 reduced Australia to their worst start to a test innings in 60 years as they were dismissed for 245.
Russia and Qatar won the rights to host the FIFA World Cup finals for 2018 and 2022 respectively after FIFA's 22-member panel voted through a secret ballot at Zurich, Switzerland on Thursday.
A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.
Australian skipper Ricky Ponting confirmed that his struggling fast bowler, Mitchell Johnson, had been dropped the team to face England in the second Ashes test at Adelaide, on Friday.
The U.S. government had been secretly sheltering Nazi war criminals for several years and has clashed with other nations over their fate, a 600-page report, which the Department of Justice has tried to keep hidden from the public, reveals.
Interpol has issued a Red Notice for Wikileaks founder Julian Assange. France-based international police organization charged Assange of sex crimes and put him on its most wanted list. The 39-year-old Australian was wanted for questioning over rape allegations against him. The Notice is likely to make his international travel more complicated. Meanwhile, Ecuador President also denied reports of offering residency to Assange.
After their disappointing bowling attack in the second innings against England in the first Ashes test at Brisbane, Australia bolstered their pace attack for the second Ashes Test at Adelaide.
The upcoming FIFA Club World Cup UAE 2010, starting on December 8, could be a crucial time to boost Dubai’s tourism, tourism industry officials expect.
