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No the opposite will happen unfortunately. The AUD reflects the value / health and outlook of commodity markets, this in turn reflects the value of credit and consumer confidence market (to buy our raw commodities) and credit and consumer markets are seeing funds and liquidity going down the toilet as major investment, banking and insurance powerhouses go to the wall.
So we are all linked and America's troubles will not stay on its shores. If they buy half our GDP and go into a tail spin - we get dragged down. Their economic markets sneeze and we catch a cold. When they have more money and liquidity and assurance in their financial infrastructure working and our dollar should rise based on a positive economic outlook of health markets for our goods.
Counter-intuitive huh?
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