Finance & Fury Podcast
Why the AUD is "tanking", understanding foreign currency, and how to protect your investments against currency risk
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:16:58
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Sinopsis
Welcome to Finance and Fury. Before I start I want to say a massive ‘Thank you’ to our listeners. We cracked 150k downloads in the first 6 months which is phenomenal. Also, thank you to everyone who has taken up the course – I want to extend the promotion to another 50 people as a Thank You for everyone’s ongoing support. Just enter the code ‘faf01’ for 50% off at the checkout. Here's a link to the course: https://financeandfury.com.au/learn-finance/ Today we’re talking about the AUD plummeting to a two-and-a-half year low - 70.79 US cents (approx. at the time I’m recording this episode) The Aussie dollar could be heading to the “mid to high 60s” by next year, experts say. The dollar is now about 13 per cent below January’s three-year high of 81.36 US cents. Is it USD rising or AUD crashing? It all depends on what the domestic country is doing in relation to the foreign country of comparison In comparing the AUD to the USD it is the rising USD more so than anything The AUD is going well in relation to the