performance of the banks in relation to the AUD/USD
the XFJ and the AUD/USD movements echo one another almost identically - based on a relative comparison chart I have just put up over for last year.....the same applies over 3 years also
since the US bond rate has now slipped back over the last week I thought the bank stocks might recover also - but that has not been the case........ the $A dropping further over this last week appears to have kept the bank stocks down ???????
