Monday, May 12th, 2008
According to Bill Evans, Westpac's global head of economist, Australian dollar will peak against the US dollar at $US1.01 by March 2009. Australian currency surged to a high of US95.07 due to commodity price rose and crude oil jumped. The weakening of the US economy will send the Aussie higher ...
Posted in Currency | No Comments »
Thursday, April 17th, 2008
I have a friend who asked me where else can he invest other then putting cash in fixed deposit given the uncertain economies of the world. Seriously during economy down turn, putting cash in the bank is not a bad idea especially when they are giving 7.75% pa interest. In ...
Posted in Commodities | No Comments »