Quote:
Originally Posted by Starkler
And well timed. The Aussie dollar is taking a drop short term.
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Who knows where it'll go, but a carry trade unwind or a scare in Europe could send our currency down dramatically, which is what I expect to happen in the near term. Medium term, China's economy is sick so that kills our currency - they're staying afloat with gov't spending just like the rest of the world. Transferring a few AU$ to US$ now seems like a safe bet.