turn-around likely soon ?, page-13

Last time the US market went to the dogs and everyone was screaming end of the world, AUD got smashed. Not sure why this time it would play out in reverse - has AUD increase had anything to do with risk of debt default? The more the US gets pumelled, the more steam is taken out of China, bad for Australia.

Interested to see where it goes from here, I think we're in a short term bull market (as in load of bull). Australia already crippled somewhat by high AUD, not to mention plenty of political uncertainty. We're already highly vulnerable to drops in commodities, the higher the AUD creeps the worse it gets.