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Old Apr 7, 2011, 6:03 am
  #33  
jpatokal
 
Join Date: Sep 2003
Location: Terra Australis Cognita
Posts: 5,350
Originally Posted by SFSC
A steep fall in the AUD can be anticipated anytime soon.
Depends on your definition of "soon" -- I don't see it happening until world demand for Australia's resources collapses, and that's not going to happen until the Chinese and Indian economies simultaneously implode. (China, possibly; India, not for a while.) The US Fed's "quantitative easing" policy alone ensures continual downward pressure on the greenback for another few years at least.
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