-
Share
17/02/17
16:38
Share
so a higher US dollar (and therefore a comparatively weaker $A) will benefit WSA then.
Why then is this article saying that there's an inverse relationship between $USD and commodity prices
http://www.news.com.au/finance/busi...s/news-story/18c9cac967a0c415d811b58801ede19e
(which would seem to accord to the postulate that $A is linked to commodity prices ie. AUD rises if commodity prices rise).
Apologies... still confused
Perhaps impact of the 3 Fed interest hikes won't be material anyway. St George is forecasting $1 A ~ $0.75 USD at end of 2017 (vs $0.76 currently).
-