Bought Australian Dollars

ytytytyt | May 10, 2013 | 155 posts since 2013

Dear Readers,

We've heard the crowing about the "destruction of US dollar" quite often around here. But the US dollar has risen lately against the other currencies.

Bought a little of Australian Dollars, using exchange traded fund FXA today at 99.80 and will sell (if possible) at 102.79. FXA currently gives 2.22% interest.

Link to CurrencyShares: www.currencyshares.com

Yours Truly,

- Anon

Post a comment

ytytytyt | May 17, 2013 | 155 posts since 2013

.

Dear Readers,

Australian Dollars continuted the decline ... Bought more FXA today at 97.22. Will sell at 101.51, if possible.

Yours Truly,
- Anon
In FED I Trust :-)

.

ytytytyt | May 22, 2013 | 155 posts since 2013

Dear Readers,

As I posted a little while ago US Dollar has continued its rise, which means the other currencies have declined. I bought more FXA today at 96.81. Will sell at 3% profit if possible.

On June 1, 2013, FXA is expected to do dividend distribution, so my "sell" orders will be adjusted accordingly. The FXA's dividend distrubution history is available for free at link below:

http://www.nasdaq.com/symbol/fxa/dividend-history

Yours Truly,
- Anon
In FED I Trust :-)

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.