"What a crock that "statement" is.
The reason the AUD is high relative to Euro & USD etc. is our interest rates are higher, and those governments are shovelling money out at ever increasing rates."
What a crock of a statement yours is. Do you seriously think people have paid an extra 40% for an AUD so they can earn 3% and hope to hell it doesn't drop to 60cents again?
Why do rates go down but AUD goes up??
Why do you think interest rates have been higher and are still high in AU???
I'll give you a clue. Look at my sig.
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David DeTata, Managing Director
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