"before chrissy you thought AUDusd would go to 92 but you also...

"before chrissy you thought AUDusd would go to 92 but you also mentioned light trading by some heggys before new year was pushing it higher.What r your thoughts now"

If we see weak eco data during the week then that will confirm my thoughts the AUD has been over valued since it circumvented 90c.

The two speed economy will come unstuck sooner or later. Usually the people win out over copper and coal.

The people are hurting with extreme household debt, high interest rates, 60% of income going towards paying off a mortgage that is 50% over valued.

We were a little late to the party [ with the rest of western economies] - mainly thanks to China which is chugging along nicely but extremely overheated with inflation surpassing 5% making its bank depositories worthless unless interest rates surpass 5%... this is unsustainable and will affect the AUD's two speed economy.