An Introduction to the Analysis of the Australian Dollar (1000 words, 2 pages)
The Australian Dollar is a "Commodity Currency". A "Commodity Currency" means that its fortunes are heavily dependent on the prices of Gold, Copper, Nickel, Coal and Wool. All of these commodities are Australias main exports.At present, commodity prices are low, especially gold. Melbourne-based mining consultant Surbiton Associates said exports of ...
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