Originally Posted by
SQ421
Looking back at the other traded currencies, AUD's rise against GBP, EUR and NZD hasn't been as prolific as against the USD; further evidence that while the AUD is appreciating, more impact is from the fact that the USD is tanking like its nobody's business.
this seems to be the key and is very frustrating for me at present, since the funds I've set aside for my upcoming trip to Australia are in USD (as I received them for consulting in the Middle East in USD) even though I now work in the UK and am otherwise paid in GBP. If only the dimwits in Washington would realize that this game of chicken they're playing with the debt ceiling is going to crash the US economy.