FXA - Australian Currency ETF

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December 11, 2008

A very interesting thing about the current financial crisis is the rise of the US Dollar. Its interesting because when economies collapse in other countries - the national currency also crashes. However, as the US economy heads for a deep recession, the dollar gains in strength every day. The dollar has gained against all major currencies (except the yen), and especially against the Australian Dollar. To put things in perspective, when compared with other currencies, the Australian Dollar did
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