I was reading a small newspaper article the other day, and it said that analysts were predicting the Australian Dollar could reach close to parity (dollar for dollar) by the end of the year. This was apparently because investors saw the Australian ecomony to be riding the world economic crisis a lot better than the US, therefore they were investing more in the Aussie Dollar.
Whatever happens I'm loving it at the moment. I've got an item on backorder with a US retailer which I did when it was 75c. If it keeps going up at this rate, I might have to chuck something else on the order with the money I've saved.
