Email of the day (1)
Comment of the Day

April 02 2013

Commentary by Eoin Treacy

Email of the day (1)

“ Carry Trade Is Finished Here In Oz ” “Both my FX accounts, with Bell-Potter and with Macquarie Bank, when taking a position require buying from them at their price as opposed to buying on the open market; in addition, they each have a 'rollover charge' designated in months over the term of your position......I simply will not do business that way. Could The Collective suggest a bank/broker that will process my FX order on the open market?"

Eoin Treacy's view Thank you for sharing your experience with the Collective. A considerable number of internationally oriented investors seek to harvest the Australian Dollar's positive carry and we would be happy to post details of more attractive terms than those you report.

Back to top