AUSSIE DOLLAR HOW FAR WILL IT GO, page-4

  1. snuff
    6,931 Posts.
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    23/05/02
    08:38
    Post #: 13685
    If I remember correctly the likes of BHP and MIM several yrs ago had the AUD hedged at 63c. They got caught. So my guess is that market forces, as opposed to currecy hedge funds, will drive the price and BHP and MIM know those well.
    So I see above 63 fairly soon.
    That is just my opinion.

    Regards

    Desmond
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