Aussie Dollar Hits 2 Year Low
Posted by Matt Emery on 6 Oct 2008 12:19 pm. Filed under Aussie News.
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After reaching almost parity at over 98 cents, the Aussie dollar continued to slide to a 2 year low currently worth less the 76 cents. For forex enthusiasts, that's over 2,200 Pips on a hold-it strategy at $80 per standard Lot equating to $176,000 profit investing just $1,000 in equity... so not everyone is crying, but most Aussies are
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