Tuesday, April 7, 2009
Pinnacle Currency Exchange
The currency of the "Land Down Under" is the 6th most-traded currency in the world's foreign exchange markets. The Australian dollar accounts for 4% - 5% of worldwide foreign exchange transactions. Currency traders utilize the Australian dollar in their portfolio due to the limited government intervention in the FOREX market, the general stability of the country and the economy and the fact that it gives exposure to the Asian markets.
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