the currency wars, page-3

I wonder what the consequences of a strong dollar would be for business?

Profits will surely be hit for some miners and Aussie companies that are international, since their profits are in US Dollars.

Tourism will be hit hard, who would travel half way around the world for an expensive holiday in OZ?

A strong Aussie dollar is a blessing for imported goods but a nightmare for exporting, since everything is priced in US Dollars.

If there is a currency war then Australia will be one of the losers.

Parity is not as good as its made out to be.