I agree...just about every trading commentary i read suggests the AUD is overblown and it's at risk from a China slowdown, yet it continues to defy everyone. We're a AAA rated country, other crap economies push their money our way making our dollar stay high...RBA needs to intervene or we're screwed...and i mean by a big rate cut of 0.5 to 1.00 over the next six months. Forget inflation for now, that's not an issue.
I'm still waiting for the big short...where i can confidently let the position ride for ahwile, but at the moment it's a hit and run affair.
