PeterM,
Yes, you are lucky having access to ECN brokers offering accounts in your own currency. We down under are out in the boondocks, waiting for the new fangled-thing called electricity and flush toilets to come our way--no really, it will be good when we can have an ECN online broker like MBT in Aussieland though. We think the AUD is good against the greenback at the moment since we are seeing highs of the Aussie that are rarely seen, so the greenback is good value for us at the moment, and we can buy more USD bang for our AUD buck. That is why I am amenable to trading in USD. As long as commodities are high, it will be a good thing, but for every wax there is a wane.
Frank
Yes, you are lucky having access to ECN brokers offering accounts in your own currency. We down under are out in the boondocks, waiting for the new fangled-thing called electricity and flush toilets to come our way--no really, it will be good when we can have an ECN online broker like MBT in Aussieland though. We think the AUD is good against the greenback at the moment since we are seeing highs of the Aussie that are rarely seen, so the greenback is good value for us at the moment, and we can buy more USD bang for our AUD buck. That is why I am amenable to trading in USD. As long as commodities are high, it will be a good thing, but for every wax there is a wane.
Frank
FrankieB