Australia dollar: parity soon with Sing dollar?

lifeafter41

Alfrescian (Inf)
Asset
Joined
Aug 3, 2008
Messages
2,620
Points
48
Just saw in the exchange rate, highest at s$1 to AUD$0.99. Parity soon? Can buy and hold, aud?
 
Just saw in the exchange rate, highest at s$1 to AUD$0.99. Parity soon? Can buy and hold, aud?
History like to repeat, I remembered the lowest was below 90 ct. The lowest for nzd was below 60 ct.
 
When that happens, i think our stock market will really enter bear period.

Maybe not the whole market, but the commodities related shares.

AUD is positively correlated to Commodities prices.
 
NZD more headache. It dropped 10% against AUD within 3 months.
The pattern same as the last round. Nzd drop first, then aud then sgd. Hope the same pattern follow through then we know what to do.
 
Back
Top