Australian Dollar

Old Sep 12, 15, 5:45 pm
Join Date: Mar 2015
Location: NYC (Primarily EWR)
Programs: UA 1K / *G; Marriott Bonvoy Gold; ALL Gold; Hertz PC
Posts: 8,114
Originally Posted by im-headed-west View Post
.6X and supposedly headed lower .... headed down under in Mar/Apr !
AUDUSD is currently trading around 0.70 (USD 70c per AUD $1). Definitely heading might see a (very) small uptick if the Fed doesn't hike on Thursday, but it will be fleeting. The end of the commodity boom is going to weigh on growth prospects for the Australian economy for a long time.

In short - if you are traveling to Australia, don't prepay for anything upfront if you can help it! ^
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