AUD unknown

why the rise , page-4

  1. 4,751 Posts.
    wait till the yanks kick in, then we'll see whether a quarterly drop in GDP can ever be misconstrued as a buy signal for a currency.

    The problem the AUD has at the moment is its a Gold proxy with exchange rate difference (highest in the industrialised world) and due to risk appetite euphoria the connection is yet to be made between a currencies value and the economy that underpins it.

    I think that time will come soon.
 
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