Aussie $$ set to fall

[the_hawk*]

Following on from other events like the fall in interest rates, high unemployment and Australians high debt.

Rumors within the investment community believe the AU$ is about to fall.

I personally believe its about to trip over and fall on its sword.

So many will say that's just being negative, I say it will happen and it will be sooner than most think 1 to 6 months and the $$ will be falling.

The net effect of this will be that prices will rocket up as so much in now imported.

[just_me_karen]

I predict it will rise, then fall, then rise, then fall, then rise, on and on... because that's what markets do. I must be a dollar guru cos I'm right 😄

[the_great_she_elephant]

If it falls it will be a Godsend for our export market, and our tourism industry.

[the_hawk*]

Believe what you want, the wheels are in motion and no one can stop it

[the_hawk*]

If it falls it will be a Godsend for our export market, and our tourism industry.

yes it will, but not so great for the average Aussie as prices go though the roof

[just_me_karen]

The sky is falling too.

[the_hawk*]

The sky is falling too.

It may very well do that for some people

[catsnknots]

I think you are right hawk... 

I am ok.. I have everything I need... so long as my car does not break down or one of my cats needs to see the vet... ;\

[*mrgrizz*]

i work for a exporter so any fall in the aussie dollar is good for me.

stop buying imported things and it won't affect you

[jonnjenn]

As the dollar goes down

 so the price of petrol goes up.