I doubt it. The Aussie just recently upped their interest rate. They're more worried about inflation. They may keep it unchanged the next time around but I don't think they'll cut the prime rate.
Many factors move the Fx market, e.g. risk aversion. With the troubles in Europe people are moving funds into safer currencies like the US$ & Swiss$.
Who knows what's going to happen next. There's alot of fear out there. It makes it hard to make educated predictions.
was thinking more along the lines of the commodities. basically fueled by China. and with China slowing down quite a bit on those massive projects, demand for the iron ore would dip n that's where a fair bit of the commodity is in.
