I understand global markets, but Australia is at an all time low of unemployment, we're all working, shopping, not a very credit driven society yet. But I look at it time and again and it still makes no sense that the AU dollar drops, start of the year it was 96c now it's like back in the 80's, shouldn't it be the U.S dollar that drops for a change? they're the ones who have stuffed up. Australias economy should be blitzing the U.S dollar by now. It just not making sense at all. Can someone explain the drop in Australian Dollar? - XBox World ::
21 posts - Last post: Dec 10, 2008Their prices are falling so our dollar does too. where we bought a crap load of their yen when the interest was low and we tried to sell
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Internationalising a currency: the case of the Australian dollar ::
File Format: PDF/Adobe Acrobat - View as HTMLof the global US dollar bond market to low-rated paper. . Battellino, R (2002 ): “Why do so many Australian borrowers issue bonds. offshore?
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It the US sneezes, the rest of the world gets a cold. Just the way things are.
because its influenced and affected by overseas markets such as americas.
banks here mingle and get credit from american banks
The US are the largest consumers. And like it or not their economy drives the economies of other nations Forex Autopilot System - Review::
You see, with the U.S. Dollar so low and knowing at some time it MUST come versus the Euro and at times the Canadian Dollar and the Australian Dollar.
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Australia is USA's dog.
As an Australian I sympathise with your feelings, but the A$ is not bought against the USA$ it floats on its own, according to whatever the market wishes to pay for it.In overall terms the size/strength of Australian industry/commerce is very small compared to USA.On the positive side Australian exporters are benefiting as their goods are relatively cheaper to buy.I suppose if economics was "justice" driven, things would be different. ~ Huatopedia ~ • View topic - Australian Dollar::
In carry trades, investors get funds in a country with low borrowing costs and . ``The market isn't overly long the Australian dollar so from a technical
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The fall in the Australian dollar encourages more people to ::
Oct 22, 2008 "The fall in the Australian dollar has encouraged more people to holiday at enjoy the low-cost alternative that Wotif.com currently provides with its 28 With so many options to improve your site and engage your
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