Australian (ASX) Stock Market Forum

Forex related to share market?

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3 July 2009
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Hey

I have noticed something interesting (as a complete noob).
When the aussie dollar's value goes down so is the all ordes. I am not saying that it happens all the time, but usually.
What do you think?
 
picard-facepalm.jpg
 
Hey

I have noticed something interesting (as a complete noob).
When the aussie dollar's value goes down so is the all ordes. I am not saying that it happens all the time, but usually.
What do you think?

the aussie dollar is short term related to risk aversion.

if the world is keen to take more risks in their investment, the AUD will more then likely rise (along with - or because of commodities). and vice versa.

forex prices are reflecting on how/where the money is moving around the world. stock prices (and commodity prices) effect that.
 
sure I am;)
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