Australia hopes for China to perform well

Came2Win

Junior member
18 2
Whoever traded the Australian dollar last week - had an intense week. At the beginning of the week, it was forecasted that the Aussie will rise above the $1.06 level – which would be a 10% increase since its lowest level in 2012. A much anticipated world economic recovery, with USA and China showing the way, and with euro zone recovering from the debt crisis, Australian performance should improve.
 

safvan

Established member
515 34
China looks to be the most promising.

Australian dollar is going to get weaker with interest rates rising back to 2008 levels at some point in the upcoming years.
 

NVP

Legendary member
37,586 2,008
I never recommend "Hope" as a strategy.....others can work better ;)

N
 
 
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