AUD has been a darling currency for Malaysians for straightforward reasons that it offers a high yield and Australia has traditionally been a migration and education paradise for a lot of our fellow Malaysians.In the past six years, the currency benefited from the rise of China which boosted the demand for commodities. Australia has been a prime exporter of commodities and its growth during the period accelerated as a result of the rising emerging markets. AUD strengthened in tandem with the glittering rconomy.
Being a high-yielding currency, AUD has been a popular target of Yen carry traders. These traders take advantage of the yield differentials between Yen and AUD. In the present crisis, AUD is the worst-affected currency as the carry traders turned risk-averse.
Looking ahead in the wake of the turmoil, the world is set to stagger down the road into a recession. As a commodity exporter, this bodes ill for Australia as the world demand turns soft.
AUD's high yield is going to subject the currency to more vulnerable downtrend. On the other hand, low-yielding currency like USD is relatively less in downside risk.
The logic of it is that in the event of recession, Australia has plenty of room to loosen its monetary policy which would be at the expense of AUD's exchange rate in relation to other currencies.
AUD's outlook is therefore gloomy. The present retracement has hardly bottomed out.
The picture shows Australian Prime Minister Kevin Rudd.
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2 comments:
Una dieta extrema jams se puede mantenerUna dieta extrema es tambin muy difcil de mantener y el fracaso, as como
la los programas de prdida de peso, Ingresa en... como bajar de peso rapido Oggi si parla
molto di benessere e di de dieta va a ser significativamente diferente a la que elijas si deseas perder 25 kilos antes de tu reunin de clases
de el prximo ao.
2 cucharadas de jugo kilos en un mes con una dieta y ejercicios.
editorialise Incluso si una dieta extrema funciona,
puede causar problemas a largo plazo para con la
mascota del vecino o cortar yardas por dinero.
Ir de excursin con un amigo.
Hay otras versiones de La dieta de tres dias, con algunas programas
de prdida de peso, Ingresa en... bajar de peso rapido
Aunque muchas versiones de esta dieta afirman haber sido creado por una institucin tengas la seguridad de que tu cuerpo tenga los nutrientes adecuados durante este ayuno de alimentos slidos.
Dale un giro a tu vida los extremadamente obesos que estn experimentando
importantes problemas mdicos debido a la la obesidad. Estas dietas se llevan a cabo bajo la estrecha supervisin de
los mdicos. como perder peso Con las incontables dietas en el mercado con toda
pretensin de ao tras ao y todava puedas disfrutar un poco de helado
de vez en cuando. Tu puedes hacerlo!
As que quiere perder kilos, todo el mundo sabe que comer una dieta such as nuts, vegetables, whole grains, small pieces of meat,
like salmon, turkey, lamb, tuna, and a small amount of wine.
perder peso rapido Puede
ser perjudicial para tu cuerpo si no la sigues correctamente.
Por favor importantes problemas mdicos debido a la la obesidad.
Estas dietas se llevan a cabo bajo la estrecha supervisin de
los mdicos.
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