Stevens unshaken by Fed over $A
The angst generated in international circles by global currency wars was on full display this week.
The angst generated in international circles by global currency wars was on full display this week.
Volatility is the new black in financial markets, with the ASX 200 reaching a high of 5982 in late April and a low of 4918 in late September this year, a span of more than 1000 points across the year.
Goldman Sachs Asset Management believes that almost everyone who wanted to sell the Australian dollar based on its link to iron ore has already sold.
Rather than introduce efficiencies, peer-to-peer money transfers could increase cost and complexity for some businesses wanting to exchange currency.
Exchange rates have taken quite a journey in the past decade, rising to above parity with the US dollar in the early 2000s, to be currently back at .73¢, slightly below the long-term average.
Currency traders have plenty to think about as we wend our way towards the end of the year.
ASIC's deadline for OTC derivative providers to start reporting trade transactions is now in place.
Men and women have very different approaches to risk and currency trading. And while it's easy to assume women are more risk averse, it pays not to generalise about the way the sexes approach foreign exchange.
Private foreign exchange broker Pepperstone Group has made a bumper profit and delivered its two 30-something owners huge dividends.
The Chinese aren't the only ones fuelling Australia's property boom, with expats forming a powerful new wave of buyers as they cash in on op...
John Noyce, a Goldman Sachs technical analyst on the London currency desk whose weekly report The Charts That Matter Next Week was widely fo...
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