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Australian dollar the risk driver here?

Discussion in 'General Investing Discussion' started by Tropo, 22nd Sep, 2010.

  1. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,394
    Location:
    NSW
    There is no mistaking the role the Australian dollar plays in currency speculation.
    It is easily THE risk currency.
    It’s got growth (particularly the tight connection to China and the rest of Asia) and interest rates on its side.
    So when speculators are looking to capitalize on risk appetite, or when investors are looking for an extra yield boost, they look towards the Australian dollar.
    more...https://www.mcssl.com/content/166063/CC/092010_CC_final.pdf