imo the asx200 will continue to rise, reguardless of the strength of the aud (within reason).
imo the asx200 could easily increase by 75% over the next three years. if the aud had stayed at a moderate level, the asx 200 could easily increase by 125%, over the same period.
imo the commodities bubble is about to resume and with it the aud is about to rise again.
i would agree, the rba needs to intervene.
with a high / higher aud, even some miners will have trouble breaking even, let alone manufacturers and in bound tourism operators.
