Thanks for your reply slaveman,
No, I'm not trading the AUD, just somewhat concerned how low it could go in this recession/depression. In the 2001-2 recession it got down to 47c, so logic says it may get lower in this one as it seems worse. But this also depends what happens to the USD, the goldies think its gonna fall hard due to these bailouts.
If the AUD gets to something stupid like 30c we could be looking at really high inflation.
- Forums
- ASX - By Stock
- get cash.
Thanks for your reply slaveman,No, I'm not trading the AUD, just...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,759.6 |
Change
-23.400(0.30%) |
Mkt cap ! n/a |
Open | High | Low |
7,783.0 | 7,783.0 | 7,654.2 |
Featured News
XJO (ASX) Chart |