A$ going up (or is it down?)
#1
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Joined: Mar 2003
Location: Under a palm tree with a cold beer!
Posts: 213
A$ going up (or is it down?)
The A$ seems to have gone from $2.40 to $2.45 again this week. Is it just playing tricks on us again, or do people think that it is going to get better?
#2
Joined: Aug 2003
Posts: 11,149
It is a gamble pure and simple. Nick Leeson is the classic example of someone thinking they knew the direction of the markets. I would put it where you earn more interest and less tax.