AUD exchange rates with USD, EUR, SGD? - Aussie Stock Forums
Not trusty if this has been explained elsewhere but I'm getting absolutely muddle-headed tracking cost out AUSUSD divergence during dirt releases and untie hours - having impartial started off in Forex I've been limiting my trading to during both bazaar closed hours to keep volatility but don't view why the AU:US proportion seems to highland when there's a rumour has it sound account in the US or when the US call opens and seems to be performing well (based on the DOW) such as over the days beyond recall few life span, while plunging when it seems to be underperforming. Am I only attributing the changes to the curious create? I've be familiar with that AUS brawniness of tends to come after gold ingots prices as well, but I'm guessing there's many more informative factors I'm overlooking here Before the ascribe critical moment the AUD was riding euphoric on gamy interest rates and terrific prospects for our commodity exporting curtness. Investments in AUD were often funded through very low interest rates in JPY (this is called a present exchange). Once the tribute showdown bit hostile (Lehman bankrupcy) there was a show a clean pair of heels to the superiority investment of USD Treasuries. The USD went up during this values bright and early, with the Australian Restriction salvo intervening to buttress AUD at 60 cents. Also all the transmit trades got unwound, which means selling elevated compliant currencies like AUD or NZ and buying back the Yen. The Yen went through the roof. So we've had a few months of this, and all this at intervals the yields on USD is present down and down, so ultimately investors will start winsome a few risks and investing in something other than coin of the realm. The main timer for the swop in gamble abhorrence is when heritage markets in USA go up. This is a timer that we are prevailing back to "commerce as normal", to the kindly of investments and liveliness that went on before, which means there should be longing for elaborate resilient currencies and worldwide objectivity investment, which will be funded by selling USD.
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