CONNECTION: The secular downswing in commodity prices will run parallel to the dollar’s fall in currency markets.

Further to fall as events conspire to drive dollar down

How far the $A falls is open for debate, but there’s no doubting the longer-term trend is downwards.


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Australias relative avoidance of the GFC was and is the main cause of a high Australian dollar as speculators/investors looking for safety poured into the currency. It will be good news when things good back to 'normal' as Australian exports and tourism will begin to look more attractive.

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