any views on the australian dollar?

jayjay121

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hi,

i should be with a bit of luck moving to australia this year with my wife and 3 kids, we went there last year to the sunshine coast and gold coast and absolutely loved the place............we could be back if we don't like it after a couple of years but i very much doubt it from what i see.
The only worry i've got at the moment is timing, what i mean is the interest rates are higher there, houses prices are rising fast and the biggest bummer is that the aus dollar is like $2.25 at the moment to the pound, i don't trade it but that has gotta be near recent all time lows?..............anyway does any of you have an opinion of where you feel the aus dollar is heading, because i've based most of my sums on getting $2.40, which now looks un-likely.


jason
 
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