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Will US Dollars be in par with Australian Dollars in near future?
US dollars are continuing its downwards trend and Australian dollars are in reverse (upward trend) recently. Will it be same value in near future?
2 Answers
- ?Lv 61 decade agoFavourite answer
No, it will never be.
Both countries are part of the currency wars at the moment. Along with China.
The currency value is not static. It may be stable for a couple of days, but , there is always some issues that impact on the value of a countries currency.Mainly trade.Cost of imports etc.
- 1 decade ago
Australian bonds pushed higher, though the move did little to change a more than six week fall in bond prices.
