AUD/USD Help? :S
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  1. #1
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    Mar 2017
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    Unhappy AUD/USD Help? :S

    So recently I've been studying the AUD/USD pair and I am really confused about the price-movement during the financial crash in 2008. Shouldn't the pair rise in value if the dollar plummets? I'm obviously missing something here would love some help thanks a lot.


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  2. #2
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    Mar 2017
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    Please help a confused trader

  3. #3
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  4. #4
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    oh so basically both the Aussie and US dollar plummeted because investors abandoned ship to safer currencies like the yen? I guess that makes sense, thanks a lot it has boggled my mind for some time.

  5. #5
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    side note: Looks like the japan 225 also went down during that time ... I wonder where the investors went? to gold maybe but the the gold rally is a small spike compared to the other currencies total plummet... cash withdraw? banks?

  6. #6
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    Mar 2016
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    Remember a lot of financial institutions went bust and more got into serious difficulties. Governments helped prop them up but I would imagine (I didn't trade back then) that the amount of fx trading would have fallen, particularly in riskier pairs

  7. #7
    Join Date
    Feb 2016
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    Quote Originally Posted by Carlos Ray View Post
    Thanks for the article Carlos! I was looking at this thread yesterday and was hoping for a meaningful replay

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