Auzzi Dollar breaks higher against the the dollar, heading to 112. The US dollar is about 3% from all time low. Getting close to a breakdown in the US dollar? Auzzi not to happy right now...they are calling for a correction at 110/111. They are at 110 as I wright this. Dollar destruction is continued by ObamaNation.
AUZZY's talking down their currency.. Telling all foreign capital to take profits.... calling for the top of the Currency at 110%...LOL...
You could have bought Triple A bonds in AUD 2 years ago with a 7% yield and be up 30% on the currency alone.