We are expecting the AUDUSD to move higher which means
US Fed cuts or RBA jacks up rates due to necessity to reduce the impact of inflation.
A weaker AUD means the cost of imports rises
because 90% of goods are imported and not made locally.
As you can see there is an unofficial band which this
pair trades in most of the time. 62 - 82 cents is this unofficial peg.
They point the finger at other Asian countries manipulating
currencies yet the hypocrisy is so obvious. At the end of the day
this is the way the world is.
Expecting another commodities boom (inflation) as the USD keeps falling.
More wars means more money printed to fund wars.
War is intrinsic to humans and its probably an inbuilt human mechanism to keep
population over overexpanding.
US Fed cuts or RBA jacks up rates due to necessity to reduce the impact of inflation.
A weaker AUD means the cost of imports rises
because 90% of goods are imported and not made locally.
As you can see there is an unofficial band which this
pair trades in most of the time. 62 - 82 cents is this unofficial peg.
They point the finger at other Asian countries manipulating
currencies yet the hypocrisy is so obvious. At the end of the day
this is the way the world is.
Expecting another commodities boom (inflation) as the USD keeps falling.
More wars means more money printed to fund wars.
War is intrinsic to humans and its probably an inbuilt human mechanism to keep
population over overexpanding.