Hedging Your Currency Risk
The recent fall in the value of the Australian Dollar, while painful for Australians looking to travel overseas, has proven popular with many traders whose trading accounts are denominated in US Dollars. From a traveller’s perspective, every cent that the Australian Dollar falls means less spending money in their pockets when they convert their Australian Dollars into US Dollars. However, the sharp falls have eased the pain of those traders watching their US Dollar accounts erode in value wit
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