Normal
The downward trend of the Aussie is well set now, IMHO. There will be some recovery phases as there always are when outside big trading influences come in to play or news arrives from America and more importantly Europe these days.I have an interest in the AUD weakening against the USD but I wouldn't be in this position if I wasn't so certain of the trend.Still, Xstrata sees a renewed commodity boom so the bulls of the AUD have a chance of coming right here.
The downward trend of the Aussie is well set now, IMHO. There will be some recovery phases as there always are when outside big trading influences come in to play or news arrives from America and more importantly Europe these days.
I have an interest in the AUD weakening against the USD but I wouldn't be in this position if I wasn't so certain of the trend.
Still, Xstrata sees a renewed commodity boom so the bulls of the AUD have a chance of coming right here.
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