Australian Dollar Rising

If you visit the link today, you may see the current Australian Dollar chart.

http://www.mizuho-cb.co.uk/TresInternet/PDF%27S/start.pdf

A good link for Australia financial information is the webpage of Reserve Bank of Australia--their central bank. Tom says check it out.

www.rba.gov.au/PublicationsAndResearch/

The Reserve Bank of Australia (RBA) finalized a Statement on Monetary Policy on February 3. One of the highlights of the report is that world prices of Australia's base metals exports are now around 40 percent higher than they were two years ago. Supply bottlenecks in the mining sector have held back export growth recently, but capacity expansions are being worked on. BHP Billiton is a Melbourne-based company with global interests in resources such as iron and coal, copper, etc.

http://www.bhpbilliton.com/bb/aboutUs/home.jsp

Their shares trade on the New York Stock Exchange as American Depository Receipts (ADR) with the symbol BBL. Might be interesting to follow that company and see if it benefits from the continued demand for base metals and coal due to the global expansion and especially Chinese expansion.

If you get a chance, read the RBA statement on monetary policy. It is a fast road to familiarity with that sector of the world economy.