IMF Contradicts Trump: China Hasn't Manipulated Its Currency
The International Monetary Fund sees little evidence that China's central bank has deliberately reduced the value of...
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 have a few questions that I need some answers too.
a) I’m worried that I’ll sign up to a dodgy website, what are some safe websites that I can use to invest in currencies, shares and commodities? Which is also connected to multiple stoke markets around the world. Ideally, I am...
Earlier this week the Australian Reserve Bank said they were going to lower interest rates. This resulted in a huge drop in the AUD/USD. However, there were other announcements that day that had virtually no affect on the price, such as the AUD Trade Balance and AUD Building Approvals. I've...
Continued US money printing which dilutes its value and hence its debt is the aim of the US FED.
But Australia bears a brunt with a high AUD and diminishing export market.
Foreign goods look even more inviting.
China --- linked to the USD becomes even more attractive as the US keeps...
I posted in this thread a few weeks ago in regards to a new Gold ETF that has started trading. The company that offers this is called Betashares.
At the moment, they have 4 ETF's;
ASX Resources Sector ETF
ASX Finance Sector ETF
US Dollar ETF...