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Australian Dollar - might not be a bad idea after all

Is Now the Time to Invest in the Australian Dollar? Following the financial crisis, the Australian dollar outperformed the major currencies. This situation occurred mainly because of demand from Australia’s largest trading partner China, Australia’s then booming mining industry, and relatively stable interest rates. However, this year, the Australian dollar recently hit a three year low after dropping a dramatic 15 percent since the start of this year. Australian Interest Rates Decrease In…
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Nadin5794 avatar
Nadin5794 10 Aug.

there is quite justified fear of further lowering of quotations, by analogy to hysteria round gold in the spring, investors rushed to buy and quotations dived down even more deeply...

annatimone avatar
annatimone 13 Aug.

Ok. Sounds intereting. I'll look into it. Thanks for sharing.

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