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Why I'm Down On The Down Under Dollar
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Wednesday's Trader Talk is by Steven Lucas from 3C Analysis. He wants to make money from the weakness in the Australian Dollar.
Lucas reckons the Aussie's going to hit a new trading low and he's going to try to take advantage of that.
The currency is now at its lowest level in 19 months and has fallen some 7% against the dollar since the beginning of May.
Lucas reckons the Aussie's going to hit a new trading low and he's going to try to take advantage of that.
The currency is now at its lowest level in 19 months and has fallen some 7% against the dollar since the beginning of May.