- Moderator
- #326
Pretty close to records against the Pound and the Euro too.
Which begs the question, what are you all still doing in the Southern Hemisphere?
Dont look at me man.
It hit 1.10 while I was in the USA.
Good times.
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Pretty close to records against the Pound and the Euro too.
Which begs the question, what are you all still doing in the Southern Hemisphere?
Is raising interest rates really going to stop the currency rising against the AUD?
So, are the US getting a n extension on their loans, or are the getting more loans?
if it is the latter, wouldnt it be a negative on their economy, and see their dollar weaken more?
I don't think increasing the cash rate now would really provide much benefit to the economy. If we want to get the AUD to rise further then it wouldn't hurt, mind.
Its the latter, and yes.
Particularily since they will most likley end up funding it by printing more money, debasing their currency in the process.
Thats what i thought, however, the US media is adament of it strengthening their economy
AUD in freefall.
Why is it every crisis the aussie dollar tanks, while the money in these third world joke countries stays the same, or actually strengthens
It makes no sense to me at all