AUD unknown

china allows rmb aud trading

  1. LesPaul
    4,751 Posts.
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    28/11/11
    19:07
    Post #: 9355096
    there was a comment on the Economics thread regarding announcement that China will now allow forex trading for the Candian and Australian Dollars.

    This is a commodities play from China, and we would all agree that a lower AUD would favor Chinas purchase of our minerals.

    So, any thoughts on what this might do to AUD value vs USD?
    AUD Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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