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Asbytec
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Yea, I agree with you on Australia. They should actually be doing well, as indicated by the interest rate hike and China's demand for commodities. Plus, I don't believe they had much exposure to toxic debt. The Aussie Dollar has rallied big time.
Oct 06 13:27 pm
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All Comments by Asbytec »Market Sentiment Worse than Stock Performance? [View article]
As for the dollar, one would think deflation and some demand to close trade deals would support it. US lending is down and liquidity at lower levels. I just don't think the Fed can do much to stoke inflation, though they are trying hard. My curiosity lies in the dollar's weakness in some Asian emerging market currencies I deal with.