We are still a resource based economy. With coal and iron ore price down to a near cost level (for the majors), our economy isn't as good as it was. That reflects in the weak AUD. Same applies to the Euro but in that case because of the money printing.
http://goldprice.org/gold-price-euros.html
http://goldprice.org/gold-price-australia.html
We are still a resource based economy. With coal and iron ore...
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