First time poster here with a question (maybe silly) that's been in my mind for a while.
For an Australian investor wanting to obtain currency diversification in their portfolio, what are the differences between holding a US listed ETF (denominated in $USD) vs. a US ETF (denominated...
i'm interested in gold funds on the asx. although the aussie dollar is falling now . would an investment in the fund GOLD (a little under 240 today), also suffer loss from aud currency loss? i'm guessing with QAU. gold fund, you gain from both gold rising and the usd rising over AUD?
It's possible to buy call options in USD against Gold ETF IAU.
How to do the same with strike price in AUD instead of USD? What instrument and the broker? Could it be done with InteactiveBrokers or IG?
I'm a new IG client and decided to have a crack trading the RBA with them on their CFD platform today.
I placed a stop order to sell AUD/USD at 0.6988 with a stop-loss at 0.6994 at around 14:29:40.
At 14:30:04, the market was rallying following the decision to keep rates on...
It shares the same "humiliation" as Indonesian rupiah and Indian rupee in 2018. This is quite unbelievable given that Australia is a developed country and extremely resilient economically. Its resilience can be seen by being recession-free for the past 25 years.
What happened in 2018?
I see that AMP offers us Australian residents good marings as well as commissions for trading Futures across the globe.
Which base currency is best if I am an Australian resident? USD or AUD?
I will be trading NQ, YM, TF but also FDAX (Euro) and then Futures on the SGX and SFE once I find them...
I'm probably heading over to the UK from Australia in coming years and I see that the AUD/GBP rate is climbing.
I'm thinking that it's best I open a foreign currency bank account with no fees. HSBC has one.. So does CBA.
Is this a good way to do this.. Transfer some AUD to GBP, store it in...
Yesterdays sharp move in audcad wiped out my entire account. Though it seems like i was also at fault by trading 50 lots in one go but i just fail to understand how yesterdays move wiped out 74k from my account. I have been with Octa fx past few months. things were fine to the point i nvr had to...
I recently got onto a live trading account with Pepperstone. I really enjoy cTrader by the way but I digress.
After watching both pairs very closely for the last week, I noticed there were particular times of the day where I would notice correlation between the pairs, which at times did...
This is weird. I am dumb-founded. Why did AUD strengthen after RBA(Reserve Bank of Australia) cut benchmark interest rate to an ALL-TIME LOW on 2Aug16? Economics 101 says that a currency should weaken after a rate cut. When RBA cut rate in Apr 2016, AUD tumbled. Why did it strengthen this time...
AUD compared to Brazilian Real, Canadian Loonie, Russian Ruble is weak so far in 2016. Given that these currencies tend to move along with commodities and commodities has been strong so far in 2016, why is AUD comparatively weak?
with the new projected "40c" Australian dollar, im curious to know what the historical effects of a low australian dollar does the the stock market? and how yoou think it will effect the stock market?
Regarding crude oil as a market indicator, I charted up crude oil for the dec contract. Some reason its trading at 39$? Is that correct and which is better to follow. Brent Crude or Crude Oil? Just using it for context.
Also im trying to get up the AUD but I only have access to aussie...
As forex capabilities have been removed from IB retail accounts, I have been thinking about ways to be able to buy the US markets while removing AUD currency risk.
Found an iShares AUD Hedged SPX500 ETF on the asx
I am looking at investing in an S&P 500 index ETF and adding a few thousand each month - I am currently looking at Vanguards flagship VOO (in USD) and VOOV (in AUD).
I am a little confused as to how this works. Let me know I am am thinking about this the right way.
I got all my money in USD and trade USD-based instruments in the US, using IB as platform (being an australian tax resident). Now, I want to trade AUD.USD futures, or any other Fx pair for that matter, but IB informs me about changes in regulation that Fx are no longer tradable for...
My son wants to convert some of his cash to US dollars because he thinks the exchange rate will continue against us.
Can anybody advise how to do this or should he just ring his bank ?
(cant edit the heading should read "to" US and double ll in dollars)