Will the Australian dollar fall again? Yes, swine flu has caused the national economy to decline and the exchange rate to fall.
Will the Australian dollar fall again? Personally, I think the Australian dollar is a resource currency, and its trend depends on the import and export of raw materials such as iron ore. If the world economy is booming and Australia exports more iron ore, the Australian dollar exchange rate will strengthen.
Will the Australian dollar fall again? The lowest Australian dollar has reached 4.2. Although it is hovering around 4.4 now, in the long run, I don't think the Australian dollar will reach the level of 6.6 in the short term. The Australian dollar, like the Canadian dollar, is a commodity currency, and its trend is linked to commodities. The Australian dollar is mainly linked to the price of iron ore, and now commodity prices have fallen sharply due to the global financial crisis. From the oil price of 150 USD to 45 USD now, it can be seen that the demand will decrease, which is also the reason why the Australian dollar has plummeted in recent months. Besides, the Australian economy and the world are not very prosperous now, so the demand for goods will not rise in a short time. The Australian dollar does not rule out the possibility of falling for a period of time, and the recent interest rate may be lowered by the Australian central bank from the current 4% to 3.5%.
Will the Australian dollar fall against the RMB? In a recent public statement, the Reserve Bank of Australia said that the current high exchange rate of the Australian dollar is a burden to the Australian economy. At the same time, the commodity futures market is experiencing a bear market, which is also unfavorable to the Australian economy. Therefore, the depreciation of the Australian dollar in the future is still a high probability event.
Will the Australian dollar fall again? Why is it getting higher and higher? In fact, it is not the Australian dollar that is rising, but the US dollar is falling, and the RMB is mainly pegged to the US dollar, so I feel that the Australian dollar has been rising against the RMB. The dollar will depreciate in the short term, but it is hard to say, so the Australian dollar should remain at a high level against the dollar. However, due to the forced appreciation of the renminbi, the appreciation of the Australian dollar against the renminbi should be reduced or even depreciated.
Will the Australian dollar fall again? -:The interest rate of the Australian central bank is too high, and the risk aversion in the global market is heating up. A currency like this is the main sales target. You can't buy Australian dollars until the risk aversion in the financial market cools down. Simply put, it is to wait until the global stock market stabilizes and the financial crisis is over.
Will the Australian dollar fall again? If anyone can give you a definite answer, it must be a guess. No one can be sure, so he won't tell you! I went directly to invest myself ... change a little less first, and then see the situation over there. I changed it at once!
Will Australia's exchange rate fall again? Australia's economy will definitely be depressed next year, or even decline. The financial crisis has seriously affected the development of the world economy. Major developed countries such as Europe and America are in recession, and some developing countries such as China are also facing the risk of economic slowdown or even excessive decline. Under these factors, the demand in the international market decreased, and commodities were traded. ...
Will the Australian dollar fall in the near future? -The Australian dollar will fall again in the near future.