SA Footy

Australian Dollar is trading at .76 U.S and 78 JPY ATM.
I'm predicting it'll be about .68 U.S and 60 JPY by the New Year, and slowly recover from there.

During the Lehmann shock the Aussie dollar fell from 102 JPY to about 58 JPY. I don't think it'll be so dramatic this time, but our starting position isn't as strong either.
Thoughts?

therisingblues wrote:During the Lehmann shock the Aussie dollar fell from 102 JPY to about 58 JPY. I don't think it'll be so dramatic this time, but our starting position isn't as strong either.
Thoughts?

I didn't realise the Japs were so passionate on who coaches our cricket team!