How to beat the Australian dollar squeeze

Foreign exchange investment is expected to grow by a record 4.4 per cent this year, as global demand for the Australian currency strengthens.Key points:Foreign exchange investment could rise to $1.3 trillion by the end of the year, according to a new reportForeign exchange has become the third biggest contributor to Australia’s economy, behind the housing […]

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How to sell bitcoins abroad

Bitcoin is still not legal in the US, but that’s not stopping a handful of bitcoin companies from turning a profit on foreign exchange deals.As of February, the number of bitcoin-related companies in the country reached more than 5,000, according to data compiled by the US Commodity Futures Trading Commission.The industry is growing fast, and […]

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