Is there the possibility of the US dollar rebounding?
A lot of US dollar based stocks have been hit hard.
Is a 90 cent plus AUS dollar sustainable?
Stocks like NWS, RMD, ALL, JHX, BLD, MIG, are all being effected by the weak US dollar.
THe question is will it happen anytime soon.
Do we just stay clear of anything that has earnings in the US currency?
THe US stocks may be rallying, but in terms of aussie currency and returns for australian investors, the profits have been erased due to exchange rates...
Where as over seas investors in australian markets may decide to take profits off the table, with the strong run of the Aussie dollar.
Is that how it works>
Currency is very important for imports/exports. where is the balance for the Aussie dollar? where should it be at? Is it too high?