Quote from Roark:
You just need to invest with AUD. Seriously, why are you holding USD? It's trash.
Quote from cvds16:
It's going to get very funny when intrest rates go to 20% again, I'll bet it will be the same people opening thread to complain about how their margin costs are killing them. LMAO
Quote from Tsing Tao:
with recent developments in the housing market there, the AUD is the last place i want to be at 1.0550.
http://globaleconomicanalysis.blogspot.com/2011/04/australian-home-sales-sink-luxury-units.html
Quote from cvds16:
over 5000 posts and no brain, what can you do about it but to actually use the cord to hang yourself !
Quote from Roark:
That's like the traders shorting EUR against USD and saying it can't go higher. And why would you wait until 1.0550 to get long AUD? You should have got in at 0.98 or below last year and have been collecting 4% interest in AUD for the past several months.
In addition, you don't have to short USD against AUD. You can short JPY. Many say JPY is way too strong on a fundamental basis.