The Mudcat Café TM
Thread #39658   Message #564750
Posted By: Bob Bolton
04-Oct-01 - 02:45 AM
Thread Name: Which Key of Whistle?
Subject: RE: Which Key of Whistle?
G'day Mudguard,

Irrespective of whatever happens over there end of February 2002, I still have the problem of the Australian dollar ... whenever the US$ rises, the Aussie$ drops because the market sees us as part of Asia. Whenever the US$ drops, the Aussie$ drops because the market sees us as linked to the US economy. When the Euro was struggling ... the Aussie$ drops because markets felt we had European links!

We keep being told that our economy is growing - bucking world trends ... and the Aussie$ drops because the markets are nervous about us not performing the way they predict!

Excuse me while I measure up a length of 25.4 mm od x 1.6 mm wall thickness alloy tubing ...

Regards,

Bob Bolton