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View Full Version : Buy Australia’s Dollar Versus Canada’s on Rate Gap, RBC Says - Bloomberg



NewsWhore
03-08-2009, 10:30 PM
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Buy Australia’s Dollar Versus Canada’s on Rate Gap, RBC Says (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaELSEmsioeXk%26refer%3Dasia&cid=1312905093&ei=_X-0SdPgF5zqQv-5yPsF&usg=AFQjCNHs77ELBd4FjciOw-8aJEC7_FWZSg)
Bloomberg
Call options give the holder the right to buy a currency at a set price on a fixed date. Investors can reduce the cost of buying the options by also selling call options on the Australian dollar at a strike price of C$0.93, RBC said. ...


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