I will be back in Australia tomorrow. And as usual I exchanged most of my cash early in the trip with the increase happening the last few days. Expect the AUD to surge until mid February when I return overseas again.
The Australian dollar is well placed to outperform the euro in 2014 in spite of expectations the local currency will slide against the United States dollar as experts take a dim view of the outlook for growth in the European Union.
Seems that anything that happens in the world is against the Australian dollar.Seems Soros is betting against the Chinese. I guess if the Chinese do crash, that means resource prices crash along with the Aussie Dollar.
Seems Soros is betting against the Chinese. I guess if the Chinese do crash, that means resource prices crash along with the Aussie Dollar.
Is George Soros betting against China?
Aussie Dollar back up slightly today....
It is like following a soap opera........ Could drift lower yet.