Thor - I thought that was a very thorough and well reasoned contribution....... certainly with the euro interest rates down effectively to zero,US bond rates remaining low, and , and our interest rates remaining relatively high it does seem logical for international money to flow to aus......
there other factors of course, I suppose the main one being the price of iron ore and the Chinese economy itself (which seems to have a changing story every other week), plus the way our own economy travels all of which have the potential to be negative for the $A... I will sit on the fence with this one, although I do think longer term it will be quite a bit lower - don't ask me which year though..
