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Old 31st Oct 2007, 18:10
  #16 (permalink)  
404 Titan
 
Join Date: May 2002
Location: Asia
Age: 56
Posts: 2,600
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An undersatnding of how the currency market works will tell you that money moves around the globe looking for a fast and high return like sheep looking for long grass. Just like the Aus dollar was at unrealistic levels about four years ago, ie US$0.47, it now is getting to unrealistic levels at US$0.90. Political changes in Australia and the US over the next 12-18 months will bring the US$ back to a more realistic level.
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