Australian Dollar

Right now the Australian dollar is caught in the crossfire of the worldwide currency war.

The big central banks of the US, Japan, Europe and China manipulate their currencies to win trade advantages.

Learn how the changing value of the Aussie dollar can change the valuations for shares, gold and the international purchasing power of your money.

We’ll keep you up to date with the latest moves in the foreign exchange market so you can be one step ahead of the crowd.

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Why the Aussie Dollar Rally Could Abruptly Reverse

One market that has caught many by surprise recently (including me) is the Aussie dollar. After bottoming below 70 US cents earlier this year, it is now trading around 76 US cents. But while Australia looks good to global capital now, that could change drastically in the coming months. And, if it does change, the Aussie dollar rally will abruptly reverse.
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Australian, Chinese Manufacturing Moving in Opposite Directions

It’s been a mixed week in the world of manufacturing. Despite China’s industrial sector floundering in January, it was another good month on the domestic front. According to the Australian Industry Group, the PMI remained above the 50 point mark. The PMI simply measures the level of activity for any given month. Anything above 50 points suggests a sector is expanding, and vice versa.