So far this year the OZ goldies have been a good place to be. That is due to the low $AUD relative to $US. I am wondering how long that will last. IF the $US starts to come under pressure and China continues to expand [though perhaps at a slower pace] the $AUD might become more attractive. [I notice both RIO and BHP are doing quite well in this market... it's the banks which are suffering the most].
So... what do people think is the outlook for the $AUD this year?