| |
| | Safe Haven | Analyzing the Australian Dollar - Up, Down, and Under (Site not responding. Last check: 2007-10-31) |
 | | The Australian dollar is the fifth-most-actively traded currency in foreign exchange markets today, behind the US dollar, Euro, Japanese yen, and British pound, accounting for 5.5% of the volume in the $1.9 trillion dollar per day market. |
 | | The Aussie dollar is popular with currency traders due to a relative lack of central bank intervention, the general stability of the economy and government, and it lends greater exposure to Asian economies and the commodity super cycle. |
 | | Here, the Australian dollar is saddled with a long string of trade deficits, and yet, appreciated against the Japanese yen, which enjoyed a trade surplus of 7.6 trillion yen ($64 billion), and an investment surplus of 11.4 trillion yen ($97 billion) in 2005. |
| www.safehaven.com /article-4608.htm (3429 words) |
|