- Jun 30, 2002
winetraveller said:I have a Masters of economics (international trade) and I still don't understand it. OK, so I do, but that doesn't mean I can predict it any better than the next man.
The likelyhood is that the RBA will raise rates prior to the end of the year, according to the press today, and the opposite is likely to happen in the US in the near furture. Parity with the USD is not so far away. S&*T.
I did read a report from one of the research houses ealier this year predicting parity within two years. I will try to dig it up, but I remember there was a lot of talk about the future of the US dollar and how it could easily head south in a big way.