AUSSIE DOLLAR HOW FAR WILL IT GO, page-3

  1. 58,089 Posts.
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    It really depends what happens around the world, and things look grim in many places including America.

    If more and bigger wars commence and terrorists hit the US again, the A$ could rise strongly as other currencies fall because we will be seen as a relatively safe haven.

    Gold is continuing to rise and Australia is a big gold producer so that will lift our currency.

    I expect the A$ to keep rising in the short term, but I don't have a crystal ball to see longer term.

    Dave R.
 
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