While the Aussie interest rates may drop the next month.
It should cause the AUD to weaken, however AUD is in a unique position that its one of the only countries with an interest rate above 1% so makes it attractive for the interest earnings.
Im surprised its at the level it is right now actually.
It should cause the AUD to weaken, however AUD is in a unique position that its one of the only countries with an interest rate above 1% so makes it attractive for the interest earnings.
Im surprised its at the level it is right now actually.