can anyone help... as an example trading on a platform in OZ
taking an ETF on oil, long in $US with oil at say $US 100/b..... cashing in 2 moths later with the oil price still at $100, but with the currency differential changing from say from parity to 1 AUD = 0.8 USD...... how much do I get back ? is it + 25% ?
taking an ETF on oil, long in $A with oil at say $US 100/b..... cashing in 2 moths later with the oil price still at $100, but with the currency differential changing from say from parity to 1 AUD = 0.8 USD...... how much do I get back ? is it still + 25% ?
