By SmallStocks on Nov 21, 2008 in Currency | 0 Comments
Yes, this guy says he has proof that America has shipped $800 Billion ‘Ameros’ - a new currency which is being formed between the USA, Canada and Mexico which will replace all of these countries currencies respectively - to the China Investment Bank. He states that China presently holds $2.5 Trillion worth of US Dollars thanks to the [...]
By SmallStocks on Oct 15, 2008 in Currency | 0 Comments
The AUDÂ (AUDUSD)Â is down again, just under the 0.70 USD market at time of writing and failed to show any signs of life on the back of news that the US Government was going to inject $250 Billion into its core banking system and that the Australian Government is injecting a further $10.4 Billion into the [...]
By SmallStocks on Oct 14, 2008 in Currency | 0 Comments
Quick Update, the AUD (AUDUSD) is back above 0.70 USD at time of writing - a 2 cent improvement given the latest market surge. Against the yen (AUDJPY), it gained more than 4%, to as high as 72.1 before settling around 71.5.
Keep on rocking up, AUD.
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By SmallStocks on Oct 13, 2008 in Currency | 0 Comments
The Pound [(GBPUSD) or (GBPAUD)] is back above 1.7200 USD level - after hitting a record five year low of 1.6779 USD - on the news that the UK Government is bailing out its three largest banks.Â
Main Currency Points:
The Japanese Yen (USDJPY) is back above ’stable’ levels of 100.00
The UK Bank Crisis Bailout has strengthened [...]
By SmallStocks on Oct 13, 2008 in Currency | 1 Comment
Update: Since the market has opened the Aussie Dollar has gained slightly, but is still under the 0.70 mark. Not sure its going to push above that until the G20 leaders release a clearer decision.
The Australian Dollar (AUDUSD) and the New Zealand Dollar (NZDUSD) continue to fall on the back of lower commodity prices and [...]