In this post I aim to answer the question: Will the Australian dollar continue to rise in 2012? This might be useful if you’re considering moving to Australia and want to know the best time to change currencies, or if you’re just interested in economics.
In short, it depends. In fact no one can accurately predict if a currency is going to rise or fall, and if they tell you otherwise they’re lying. Predicting currency movement is something highly trained traders in financial centres across the world get paid to do, and even they get it wrong a lot of the time.
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