Japan earthquake, accident nuclear power plant, where various issues of international and civil wars in Libya, the Australian dollar has increased.
In the foreign exchange market is $ 28 the first time since the Australian dollar = 1.03 of the 1983 shift to a floating exchange rate against the U.S. dollar (£ 84) exceeded. In the New York market has softened to $ 1.0274 yesterday, where he had been in the past with the highest 25.
Australian Dollar has a variety of factors such as the Japanese problem. Recovery from the earthquake damage estimated 300 billion dollars the Japanese government will require Australian coal and iron ore. Political unrest in oil-producing countries such as Libya, has raised expectations of abundant reserves of natural gas from Australia's uncertain future of nuclear power.
Behind other market intervention by industrialized countries to the latest depreciation of the yen and Japan's economic difficulties, the carry trade to be converted into high-yielding Australian assets like bonds or savings accounts that borrow yen at low interest Rumor is that possibility alive.
Citibank (Singapore) of G10 currency strategist, said Todd Elmer, "The difficulty with bright prospects for the yen," he said. He said the recent easing in Japan, the yen market intervention and recovery of all the factors that the earthquake in Japan, "is the Aussie (Australian dollars) in the best position to invest," he said.
Finance ministers and central bank governors meeting of the seven major industrialized nations (G7) from sales to a concert on the 18th circle, investors are taking risks has become more aggressive. In addition, at least the current G7 interventions, major countries and send a message of intolerance against the yen surged again. Carry trade to work you need to borrow the currency is stable or declining. If this deal resulted in an increase in income yen.
The Australian dollar rose from a low of more than 12 percent against the yen before the intervention, the 28th became the No. 1 dollar = 83.88. The U.S. dollar has risen 7 percent against the yen. Australian dollar higher level of U.S. dollar fluctuations in the yen.
In the intervention, the past has been co-ordinated long-term trends indicate the direction of currencies. So buy at Euro 2000, the euro rose above 8 years thereafter. Another 1998 yen buying, selling yen in 1995.
Judging from the damage caused by earthquakes and nuclear accidents in Japan in developed countries will likely continue to maintain low interest rates. Two years, the circle has to compete with the U.S. dollar as the cheapest on the global investors to borrow.
RBA raised rates seven times since October 2009. The market is expected to raise interest rates further. Paper countries Australia March 28, the future could significantly increase the inflow of funds into the country's resource sector, said the Reserve Bank's internal projections that will enhance the Australian dollar further.
Until the financial crisis in 2008 the yen carry trade, the Australian dollar are popular among hedge funds and Japanese investors. But stop and this brings investors trade the spread of financial crisis, the Australian dollar and the yen move in the opposite direction fast results. Australian dollar loses value against the yen by nearly half during the January to July 2008 from 09 investors suffered huge losses have to repay yen loans.
I'll come around the stage in the carry trade again. Faculty Research Gabe notes for customers, "Japanese institutional investors are looking for carry trades will appreciate that given a free pass to jump on this opportunity firmly," that you are.
After the tsunami struck, Japanese investors will look with reflux to be a look into the country to foreign investment was considered too. Japanese investors, according to government statistics published on the 25th was still a net purchase of foreign bonds.
Rejected because the yen is the theory that reflux into foreign investment companies to pay insurance claims Japan. earthquake insurance according to Yasushi Tanaka, chief currency strategist at Nomura Securities covered by government funds, backed by domestic savings. Private insurance is also said to have a circle of sufficient funds.
In the foreign exchange market is $ 28 the first time since the Australian dollar = 1.03 of the 1983 shift to a floating exchange rate against the U.S. dollar (£ 84) exceeded. In the New York market has softened to $ 1.0274 yesterday, where he had been in the past with the highest 25.
Australian Dollar has a variety of factors such as the Japanese problem. Recovery from the earthquake damage estimated 300 billion dollars the Japanese government will require Australian coal and iron ore. Political unrest in oil-producing countries such as Libya, has raised expectations of abundant reserves of natural gas from Australia's uncertain future of nuclear power.
Behind other market intervention by industrialized countries to the latest depreciation of the yen and Japan's economic difficulties, the carry trade to be converted into high-yielding Australian assets like bonds or savings accounts that borrow yen at low interest Rumor is that possibility alive.
Citibank (Singapore) of G10 currency strategist, said Todd Elmer, "The difficulty with bright prospects for the yen," he said. He said the recent easing in Japan, the yen market intervention and recovery of all the factors that the earthquake in Japan, "is the Aussie (Australian dollars) in the best position to invest," he said.
Finance ministers and central bank governors meeting of the seven major industrialized nations (G7) from sales to a concert on the 18th circle, investors are taking risks has become more aggressive. In addition, at least the current G7 interventions, major countries and send a message of intolerance against the yen surged again. Carry trade to work you need to borrow the currency is stable or declining. If this deal resulted in an increase in income yen.
The Australian dollar rose from a low of more than 12 percent against the yen before the intervention, the 28th became the No. 1 dollar = 83.88. The U.S. dollar has risen 7 percent against the yen. Australian dollar higher level of U.S. dollar fluctuations in the yen.
In the intervention, the past has been co-ordinated long-term trends indicate the direction of currencies. So buy at Euro 2000, the euro rose above 8 years thereafter. Another 1998 yen buying, selling yen in 1995.
Judging from the damage caused by earthquakes and nuclear accidents in Japan in developed countries will likely continue to maintain low interest rates. Two years, the circle has to compete with the U.S. dollar as the cheapest on the global investors to borrow.
RBA raised rates seven times since October 2009. The market is expected to raise interest rates further. Paper countries Australia March 28, the future could significantly increase the inflow of funds into the country's resource sector, said the Reserve Bank's internal projections that will enhance the Australian dollar further.
Until the financial crisis in 2008 the yen carry trade, the Australian dollar are popular among hedge funds and Japanese investors. But stop and this brings investors trade the spread of financial crisis, the Australian dollar and the yen move in the opposite direction fast results. Australian dollar loses value against the yen by nearly half during the January to July 2008 from 09 investors suffered huge losses have to repay yen loans.
I'll come around the stage in the carry trade again. Faculty Research Gabe notes for customers, "Japanese institutional investors are looking for carry trades will appreciate that given a free pass to jump on this opportunity firmly," that you are.
After the tsunami struck, Japanese investors will look with reflux to be a look into the country to foreign investment was considered too. Japanese investors, according to government statistics published on the 25th was still a net purchase of foreign bonds.
Rejected because the yen is the theory that reflux into foreign investment companies to pay insurance claims Japan. earthquake insurance according to Yasushi Tanaka, chief currency strategist at Nomura Securities covered by government funds, backed by domestic savings. Private insurance is also said to have a circle of sufficient funds.
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