What are you saying. your points are very vague. What economic theory are you using to make those statements? What past historical data do you have to support your views.
The Aud is not strongly linked to our exports unless there is a commodities boom and prices have reached extraordinary levels, which they will not. If we do have another boom that would only be driven by US spending, it would short lived.
US fiscal policy has much more effect on world currency valuation that any single factor. US debt to GDP is still the lowest in the world.
foreign exchange risk, page-7
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$2.16 |
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-0.060(2.70%) |
Mkt cap ! $2.446B | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.20 | $2.13 | $4.211M | 1.955M |
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| No. | Vol. | Price($) |
|---|---|---|
| 69 | 163493 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 99132 | 31 |
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| Last trade - 15.42pm 02/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |