Why the Australian Dollar Could Fall to 50 US Cents.
8.2 هزار بار بازدید -
5 سال پیش
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Why Australia’s recession-free run must
Why Australia’s recession-free run must end — and three ways to navigate your wealth when it does: https://www.dailyreckoning.com.au/fre...
Nine years ago this month, the Aussie dollar was trading at 90 US cents.
And a year after that, the Aussie dollar was actually worth more than the US dollar. One Aussie dollar was equal to US$1.05.
Making big currency calls is a mug’s game. But today, The Daily Reckoning Australia Editor Shae Russell explains why the Aussie dollar is set to fall to a scary place.
The Best Way to Buy, Sell and Store Gold in Australia: https://www.dailyreckoning.com.au/gold/
It was a confusing time for analysts. We’ve spent out entire careers looking at the currency pair in a certain way. So to see the Aussie dollar as the higher valued figure was, well, odd.
Of course, it didn’t last. By 2012, the days of parity with the US dollar were over…and the Aussie dollar began its long slide down to today’s 68 US cents.
And today, I’m here to tell you that things are about to get a whole lot worse for the Aussie dollar.
In fact, I think there’s a chance the Aussie dollar is going to sink all the way down to 50 US cents…
Sounds mad, right?
The Aussie dollar dipping all the way down to financial crisis lows.
Well, not only is it possible but also probable.
Let me show you why.
=====Links to the Articles Discussed=====
Aussie dollar enters slippery dip
https://www.dailyreckoning.com.au/aus...
=====Follow The Daily Reckoning Australia On=====
Facebook: Facebook: DailyReckoningAU
Twitter: Twitter: draus
Youtube: @fattailinvestmentresearch
Visit our website - https://www.dailyreckoning.com.au/
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#AUD #RBA #shaerussell
All content is © 2019 Agora Financial Australia Pty Ltd All Rights Reserved.
Financial Services Guide
Please keep this guide for future reference. A copy is available from us on request or can be downloaded from our website at www.agorafinancial.com.au/financial-services-guide. If you do not understand anything in it, or require more information, please feel free to contact us
IMPORTANT:
We provide general financial product advice only. The advice published by Agora Financial Australia has been prepared without taking into account your objectives, financial situations or needs. Before acting on our recommendations, you should consider their appropriateness to your specific investment objectives, financial situation and needs. If you are uncertain as to what your objectives and needs are, you should contact a financial adviser or stockbroker who is licensed to provide you with personal financial product advice.
Nine years ago this month, the Aussie dollar was trading at 90 US cents.
And a year after that, the Aussie dollar was actually worth more than the US dollar. One Aussie dollar was equal to US$1.05.
Making big currency calls is a mug’s game. But today, The Daily Reckoning Australia Editor Shae Russell explains why the Aussie dollar is set to fall to a scary place.
The Best Way to Buy, Sell and Store Gold in Australia: https://www.dailyreckoning.com.au/gold/
It was a confusing time for analysts. We’ve spent out entire careers looking at the currency pair in a certain way. So to see the Aussie dollar as the higher valued figure was, well, odd.
Of course, it didn’t last. By 2012, the days of parity with the US dollar were over…and the Aussie dollar began its long slide down to today’s 68 US cents.
And today, I’m here to tell you that things are about to get a whole lot worse for the Aussie dollar.
In fact, I think there’s a chance the Aussie dollar is going to sink all the way down to 50 US cents…
Sounds mad, right?
The Aussie dollar dipping all the way down to financial crisis lows.
Well, not only is it possible but also probable.
Let me show you why.
=====Links to the Articles Discussed=====
Aussie dollar enters slippery dip
https://www.dailyreckoning.com.au/aus...
=====Follow The Daily Reckoning Australia On=====
Facebook: Facebook: DailyReckoningAU
Twitter: Twitter: draus
Youtube: @fattailinvestmentresearch
Visit our website - https://www.dailyreckoning.com.au/
Subscribe now - https://www.dailyreckoning.com.au/sub...
#AUD #RBA #shaerussell
All content is © 2019 Agora Financial Australia Pty Ltd All Rights Reserved.
Financial Services Guide
Please keep this guide for future reference. A copy is available from us on request or can be downloaded from our website at www.agorafinancial.com.au/financial-services-guide. If you do not understand anything in it, or require more information, please feel free to contact us
IMPORTANT:
We provide general financial product advice only. The advice published by Agora Financial Australia has been prepared without taking into account your objectives, financial situations or needs. Before acting on our recommendations, you should consider their appropriateness to your specific investment objectives, financial situation and needs. If you are uncertain as to what your objectives and needs are, you should contact a financial adviser or stockbroker who is licensed to provide you with personal financial product advice.
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