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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who started this subject	3/17/2003 11:28:16 AM
From: verdad	Read Replies (1) of 12411

Australian Dollar (AUD) - It seems that with the AUD exchange rate and the weakening USD that buying AUD would yield a tidy profit (AUD has moved from $.48 to current price of $.59 over the past couple years); however, some say the AUD is artificially pegged and will not rise above a certain point due to trade advantages it enjoys when its currency is cheap. Anyone have any thoughts on this one? Two for one seems like a good deal...

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