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The Australian Dollar 2008
Mon, Jun 16 2008, 10:56 GMT
by Forex Journal's Collaborators
This article is taken from the Forex Journal (May 2008 issue).
The author, Peter Pontikis, is the Group Treasury Strategist for Suncorp Banking. He has also authored a book on trading foreign exchange and is the current treasurer of the International Federation of Technical Analysts (IFTA).
- Peter Pontikis discusses the Australian Dollar as it consolidates the gains it has made since April 2006. He covers the advantages that the Aussie enjoys as well as the problems it faces as a traded currency.
Following its impressive 24-cent rise from April 2006 into late 2007, the Australian dollar (AUD) continues to consolidate more/less within the extremes pegged out in the second half of 2007.
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Published on Mon, Jun 16 2008, 10:56 GMT
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