Quote:
Originally Posted by LewisM
Good - it's over-valued and over-inflated...much like the USA  |
When President Trump turns the USA into effectively two Saudi Arabias worth of energy, I expect the US dollar to go higher. And as they use that cheap energy to power their industry, while everyone else is making their energy heaps dearer, expect the US dollar to go up even more.
Fortunately, the Aussie dollar is doing very well against the Euro. Vacations in Europe are more interesting and better value than vacations in the USA's major tourist spots (except for the cost of hire cars).
Regards,
Renato