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Nigel Boid

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Nigel Boid

Re: None

Tuesday, 09/10/2013 6:32:17 PM

Tuesday, September 10, 2013 6:32:17 PM

Post# of 17737
Australian elections: Abbott

I wonder to what extent the recent Australian election will continue to reverse the recent slide in the AUD relative to the USD.

The AUD has backed off its low against the USD (at about the same time as Abbott's election appeared more and more certain) but it is still well below where it was six months ago.

In any case, I see the election results as a positive for our ASX listed companies...


http://www.nationalreview.com/agenda/357958/understanding-tony-abbott-reihan-salam
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