It is high for one reason Borrow US$ at virtually zero interest,...

  1. backontrack
    5,302 Posts.
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    02/10/12
    20:25
    Post #: 10802842
    It is high for one reason

    Borrow US$ at virtually zero interest, invest in AUD returning over 3%

    Money for jam for those win deep pockets.

    Oz carry trade. Money for nothing.

    I ain't got billions to spare to see such returns
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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