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Forex - AUD/USD rallies after RBA minutes

Published 10/14/2013, 10:34 PM
Updated 10/14/2013, 10:34 PM

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. Japan has adopted an assertive Monetary Easing Policy, which drives the YEN downwards successfully. The immediate result shows that their Export and Tourism industries have picked up swiftly. Japan is now enjoying healthy export growth and has much more tourists visiting Japan.. . With the sound and robust stimulation by Japan’s Monetary Easing Policy (which in fact mainly injecting more printed notes into the market by their Central Bank), the Nikkei has soared from 10,398 to 16,291 just in 2013. Nikkei marks its best performance in forty years, and also the top performer among Asian markets in 2013. Analysts name this “Nikkei Ends Year on a High in Quiet Asia”. Can we see the power of an aggressive Monetary Easing Policy now?. Australia can consider this as a viable option to improve our economy outlook and, our export can be improved instantaneously.. . . A lower $A can help to improve our Export opportunities and save the Australian manufacturers.. . Another though is to engage a linked currency with USD, (e.g. A$1:US$0.80), which can give overseas investors good confidence in our economy stability.. .
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