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Continued downturn in the Australian dollar? Continued downturn in the Australian dollar?

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Old 03-27-2006, 03:19 PM
aussieMike aussieMike is offline
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Default Continued downturn in the Australian dollar?
The aussie dollar ran a peak of nearly 0.78 against the USD in October last year but has been troughing down since to the 0.70 mark.

Are we going to see a continued loss of value against the USD or is this going to be a good time to buy in for when the USD is devalued by deficit?
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Old 03-27-2006, 04:11 PM
Florida Jake Florida Jake is offline
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Default Re: Continued downturn in the Australian dollar?
Some would say its just the markets way of dealing with an overvalued currency and same here with the AUS$.
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Old 07-13-2006, 03:51 PM
feline feline is offline
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Default Re: Continued downturn in the Australian dollar?
Guess that currencies are also fluctuating and aren't stable.
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