NewsCase StudiesEvents

Aussie Dollar Finally Sees Plateau

Also in the news...

The Case For Tax Havens

There seems to be building publicity a case for so called Tax Havens which I totally agree with, but the label 'Tax Haven' is a poorly chosen description that causes the most emotional reaction from those and in particular politicians, who believe the citizens of the world should pay as much tax as possible to prop up free spending, inefficient and in some cases, corrupt Governments.

Free Seminars For Limited Clients

We are planning a series of free seminars at our office in Dorset limited for a maximum of 10 attendees per seminar.

Controlled Foreign Companies (“CFC”) legislation voted by the State Duma

A lot has taken place since the Russian President Vladimir Putin had called for the deoffshorization of the Russian economy in order to repatriate capital being channeled in offshore jurisdictions and to combat tax avoidance.

Opportunities for UK exporters in Latin America

Lord Livingston urged UK businesses to consider the opportunities for export to Latin America during 'Export Week' event in Bournemouth on 12 November 2014

Mexican Tax Law 2014

Electronic accounting Tax payers must upload monthly trial Balance to the tax administration office

Aussie Dollar Finally Sees Plateau

Back to News

The cent has been expected to fulfil speculation made by regional and international equity markets for some time now.

A currency bucking the recessional trend is the Australian dollar, which finally levelled out today, closing just half-a-cent higher than its America counterpart. However, this came as no surprise. The cent has been expected to fulfil speculation made by regional and international equity markets for some time now.The Australian dollar closed on a trading positive of 65.20 US cents, which was a rise of 48 cents from Thursday.

The Oz Forex manager, Jim Vrondas, had this to say: The market was a bit disappointed with how we finished here, obviously, with our (stock) market being up three per cent, and the Aussie hasn't really followed through with it. But weve had a very good run up already, especially in the last couple of days and it's only natural that in this environment the Aussie would plateau at some point.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.