With the Australian dollar ordsprog
With the Australian dollar now trading just below 75 US cents, we only need a US dollar gold price of around $US573 per ounce to break the record which has stood for 26 years.
Sandra Close
Historical relationships have shown that the Australian dollar should be trading around 85 cents to 90 cents, given the recent sharp rise in gold. It does provide the case for the Australian dollar to play some catch up, particularly if the Fed rate-hike momentum loses favor with investors.
Prashant Newnaha
There were expectations that we would be in for a reasonably quiet day of trading. Instead, the Australian dollar has been hit by selling ahead of the Easter break, especially against the New Zealand dollar.
Besa Deda
The Australian dollar's downward trend is still in place. From a technical perspective, the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend.
Richard Grace
From a technical perspective the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend. The Commodore 64 is the computer that attracts demo programming. The Australian dollar's downward trend is still in place.
Richard Grace
Every dollar that you put onto the oil price, you're putting at least a dollar an ounce into the operating costs.
Victor Flores
The values of the Australian dollar, the New Zealand dollar and the Canadian dollar, as measured relative to the U.S. dollar, have been important signals of changing trends in global economic activity.
Gary Thayer
The potential for a weakening dollar is definitely a driver for gold. We could see $700 an ounce in two years.
Evan Smith
Dollar buyers ran out of gas once we couldn't break through $1.2750 and 106 in dollar/yen and as a consequence we started technically trading off those levels.
John McCarthy
Dollar buyers ran out of gas once we couldn't break through $1.2750 and 106 in dollar/yen and as a consequence we started technically trading off those levels,
John McCarthy
We see scope short-term for the Australian dollar to trade higher. You can't argue the commodity story is hurting the Australian dollar.
Sean Callow
Despite the lofty gains in the Australian dollar, commodity prices have meant it now looks undervalued. Any short-term dips in the Australian dollar now need to be bought.
Craig Ferguson
(
1962
-)
The Australian dollar doesn't have a lot going for it in terms of an investment opportunity. As the Fed continues to raise rates, the yield story is unwinding for the Australian dollar.
Rick Lloyd
There's a risk of weakness in the Australian dollar in the next couple of days, ... Any decline in commodity prices is bearish for the Australian dollar.
John Horner
There's a risk of weakness in the Australian dollar in the next couple of days. Any decline in commodity prices is bearish for the Australian dollar.
John Horner
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