Course the Australian dollar has reached a 23-year-old maximum against US dollar

V Monday the Australian dollar has reached a 23-year-old maximum after stronger data on a labour market in the USA have weakened fears concerning the American economy. However analysts disagree concerning the currency future in connection with the foggy world economic forecast and still dominating excitements connected with credit crisis. In the beginning of the Asian session the national currency was pulled out forward and has overcome a mark of $0.90 for the first time since 1984. Now the Australian dollar is all in 10 cents from parity with US dollar. However the currency strategist from Deutsche Bank John Horner considers, that despite growth expected in short-term prospect, it will not find sufficient support. "support to currency is rendered by expectations of preservation of stability of world growth and returning of interest to risk ", speaks Horner. "But in intermediate term prospect we will adhere to a conservative forecast, considering, that appears more and more signs of delay of economic development not only in the USA ". The Minister of Finance of Australia Peter Kostello on Monday has expressed trouble concerning a high course of the Australian dollar, that, in its opinion, creates difficulties for exporters and badly affects economy as a whole. In the beginning of the auctions in Asia pair the Australian US dollar/US dollar minima at level of $0.8978, but then has started to grow and has overcome a mark of $0.9000, having executed the remained orders on the sale, connected with options in the field of $0.9020 and having fixed a maximum at level of $0.9034. In Europe the Australian has opened the auctions on the positive note near to the reached maxima. The following area oferov is marked around $9040/60, and interest to purchases is observed close $8990/80. Analysts remind, that this week will be sated by fundamental data from Australia which culmination will take place on Thursday when data on employment are published. Technical analysts adhere to the positive forecast on steam as it bargains within the limits of a strong trend above the cores sliding srednih. Forexpf. Ru - Forex News / news Forex