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Trade the Bollonger Band Squeeze

AUD versus USD Crisis?

Chart Forum » Forex & Bonds » AUD versus USD Crisis?

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davkell
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Username: davkell

Post Number: 568
Registered: 07-2004

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Friday, October 10, 2008 - 08:07 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



I haven't been able to find the answer anywhere, so thought maybe someone on IC might be able to provide some insight.

Why is the Australian dollar falling so sharply against the US dollar when all the financial problems stem from the US markets? I would have thought that it would cause our dollar to increase in value compared to the USD! I'm guessing it's probably a complicated economic thing, but am hoping someone can provide some insight.

Cheers.


"Trade Your Way To Financial Freedom" - Van K Tharp

"Manage the downside; the upside will take care of itself" - Donald Trump
Trade the Bollonger Band Squeeze

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