"Prior to Rudds stimulus package announcement we were trading at 62.6 cents to the dollar. This increased immediately to just over 65 cents. Now that the opposition has claimed that it plans to block the stimulus, the AUD has started sliding again."
Wow im really banging my head aginst a brick wall here aren't I?
People say oh look Australia is introducing a stimulus package that surely means growth perhaps I should invest in some aussie assets/currency (raise in currency).
likewise, oh look Australia is not introducing a stimulus package that surely means lower growth perhaps I should sell my aussie assets/currency (lowering in currency).
