“A simple comparison of the Brent crude price and WPL (see below) shows how impressive Woody’s rally has been from the lows.
October 8th, 2009 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "aud"
Gold, the Aussie Dollar, the Greenback and You
What is the influence of the Aussie dollar/US dollar exchange rate fluctuations on gold and what does it mean for Aussie investors? That is the question this article will answer…
February 3rd, 2009 | Gabriel Andre | 14 comments | Continued
Lehman CDS Auction Hammers Australian Resource Stocks
Finally, Australia gets its own $700 billion plan. Kevin Rudd’s government moved yesterday to slap a Federal guarantee on all deposits with banks, credit unions, and building societies. The $700 billion guarantee includes Australian subsidiaries of foreign owned banks. The government wants people to understand their money is safe in the banks. That’s why that last bit is in there. It’s designed to keep foreign holders of Aussie dollars from engaging in a run on the dollar and bringing their money home.
October 13th, 2008 | Dan Denning | 1 comment | Continued
AUD USD Parity Could Be Difficult to Reach
The Aussie is hostage to competing forces right now. On one hand, the endless rise of world commodities prices and the great fall of the US Dollar are good reasons to back the Australian currency. Indeed, Australian exporters can take full advantage of rising gold, metals and energy prices.
March 18th, 2008 | Dan Denning | 2 comments | Continued