Dislikedwhy is this stupid aussie falling like crazy? it used to be damn resilient to selling pressure. now it's like Zimbabwe currency...Ignored
Dropped to 0.93 ish once but bounced back up and i'm considering this trade range now.
The way i see it, traders are starting to unwind carry trades, they are not too sure the euro crisis will be solved anytime soon. All i'm saying is that , if they manage to find a good solution to fix euro, yeah AUD will be stronger. Yet, a stable world with stable currencies won't do us any good.