Brendan
28-07-08, 12:43 AM
Just read this article today.. the strength of the AUD is set to continue and predicted to match the greenback by christmas..
http://www.news.com.au/business/story/0,27753,24087710-462,00.html
THE Australian dollar will match the greenback by Christmas, if not within months, say economists who play down last week's local currency losses.
The Aussie suffered its first weekly loss in over a month amid lower prices for gold and fears of more subprime-related pain for local lenders after National Australia Bank's provisions for US losses topped $1 billion.
What are your thoughts?
http://www.news.com.au/business/story/0,27753,24087710-462,00.html
THE Australian dollar will match the greenback by Christmas, if not within months, say economists who play down last week's local currency losses.
The Aussie suffered its first weekly loss in over a month amid lower prices for gold and fears of more subprime-related pain for local lenders after National Australia Bank's provisions for US losses topped $1 billion.
What are your thoughts?