"The economics and finance research over the last 20 or 30 years have suggested that knowing whether the exchange rate is going to go up or down is virtually impossible," Mr Crosby said.
There are nearly 70 forex brokers holding Australian Financial Services licences, which are issued by ASIC. In a statement, ASIC said that forex trading — along with similar types of investment — is being aggressively marketed to retail investors and that it is high-risk and speculative.
Where's the muscle?
ForexLive
Jaysus what a creepy creepster
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SBSNews - 🏆 3. / 89 Read more »