Airfares to US to drop?

Hmmm this is weird. You'd think, given we seem to have come out relatively unscathed from Trumparifffest 2025, we'd have more takers in holding our currency.

AUD never does well in uncertainty. It’s fallen against all the major currencies - USD, EUR, GBP and JPY.

Ironically the fall of around 5% will make up for half the tariff, so we’re almost back to the starting point in terms of US trade.
 
I went through inbound US immigration at YYC last week, and it was noticeably quiet. I was asked if I was a drug runner and allowed to pass through.
You should’ve said my boss told me not to tell you what I was carrying
 
AUD never does well in uncertainty. It’s fallen against all the major currencies - USD, EUR, GBP and JPY.

Ironically the fall of around 5% will make up for half the tariff, so we’re almost back to the starting point in terms of US trade.
Also with reports of 40-50% of super invested overseas it works out to be somewhat of a hedge against falls on overseas markets as well. Simplifying it but Wall St drops 7%, AUD drops 5% then Australian funds invested in Wall St only drop 2% in AUD terms.
 
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