The AUD is not "on the skids". I believe we are seeing the start of a flight to the USD as markets come to the realisation that manipulated markets are running out of steam/confidence. Make the most of it while it lasts as it is great for Aussie gold miners, iron ore miners and other Australian commodities sold on international markets and then those funds are converted back to AUD. I'm not sure how long this will last but sure enough confidence in the USD will fall and with it the USD. That is when we will see the AUD rise again. Russia, China and other leading economies have already sold down massive amounts of their US treasuries. They have seen the writing on the wall for some time now. Australia, as a country however looks destined to follow the US down an economic black hole because of our central bank the RBA and the Australian Government's willingness the just blindly follow the US economic policies.
