Update- Australian Dollar Currency Friday, the 15th October 2010 is now a historic date because it is the first time in 28 years that the Australian dollar traded above the US$1.00 mark (if only for 10 seconds). Will it keep going up? From experience and years of observation, the ability to accurately forecast currency movements over a 6 to 12 month period is akin to flipping a coin, next to impossible at the best of times. In the meantime, enjoy your overseas holiday. At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me via ‘Contact Us’ at www.newealth.com.au or to call me on +61 2 9267 2322.
18th-October-2010 | 
