Is Aussie Dollar is one of the world major currency,heavilly traded currency,popular currency?

Answers:1   |   LastUpdateAt:2012-11-03 09:31:02  

Question
Alvin
Asked at 2012-08-13 15:37:36
It is the Australian dollar is one of the world's major currencies , currency heavilly trade, popular currency ?
Answer1KileyAnswered at 2012-11-03 09:30:52
fruitsal... is almost certainly correct in the facts.

Traders commentary: AUD is especially popular in the last two quarters due to the high interest rate differential between it and just about every other major currency (USD,EUR,YEN,CAD,GBP,CHF). Search for the term 'carry trade'.
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