Market Currents
The aussie and the loonie are about to enter the big leagues with the IMF considering breaking...
-
Tuesday, November 20, 2012, 3:06 PM ETThe aussie and the loonie are about to enter the big leagues with the IMF considering breaking the two currencies out from the "other" category in its Cofer data. Less than 2% before the financial crisis, the reserves in the "other" is now over 5%, with much of that apparently flowing into those two units. This happening amidst rising official calls for a weaker aussie is - in a word - interesting. A chart of FXA and FXC vs. the dollar index since January 2009.
Other date
Latest Global Articles
This news story has 5 comments:
just imagine the potential it would unleash if CNY ever free floats
See an intruder, call the Yankees.!
Their Social Security equivalent the Canada Pension Plan and the Canada Old Age Security are projecting a surplus in 2035.
Isn't have the world touting the 'end of the commodities supercycle'...