AUD, will it rise? Should I hold?
et al..................
........As I have a significant portion of my nest egg in AUD......
duh......??
why do you think you have no answers.........??
all boats rise and then they fall.
no one gives a rat's ass about the reasons why.....
s
I see Gold Heading 966+, Look for clue when Euro or Dollar hit 50SMA on daily
shoplogix i dont understand what you mean. Are you saying I should hold or sell? It seems to be showing signs of a reversal
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Hi guys,
I'm new to this site and I'm currently holding some AUD but I'm unsure if I should be holding or selling them.
Following the news this past few weeks, I've noticed how the AUD is heavily dependent on the Euro and China economy.
And with the recent news of U.S senate's decision on a bill to penalize China exports if they do not increase the value of the yuan, do you guys think the consequences of this would ultimately result in some form of slowing down of the China economy, and thus affecting the AUD?
Also, the AUD has been going up recently and theres news that this is bad for the tourism industry and trade? Is this something I should be worried about?
As I have a significant portion of my nest egg in AUD, I am unsure if its a wise idea to hold on to it. Please advise!
I've posted this question in other sites but havent gotten a reply