CurrencyShares Australian Dollar Trust (FXA)

ResearchLover (< 20) Submitted: 4/15/08 8:28 PM : Start Price: $93.48 FXA Score: 1.66

AUD looks overvalued to me. ;)





No, not really. What incentive does the national/central bank have to lower currency value? Not CPI/inflation, which needs to be better controlled: http://www.abs.gov.au/ausstats/abs%40.nsf/mf/6401.0





Still, if interests that be don't need to worry about fuel import prices, then I think the money supply could be grown a bit. And that's the story that hasn't happened yet which I'm buying into here-decreasing oil prices easing inflationary pressure. This is Speculative.

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