| From Forexhound.com: The forex trading forecast for the Australian dollar is not looking kind. The Aussie is likely to struggle in currency trading on the FX market in 2009 as the global recession continues, and as commodities find it difficult to make a comeback.
The Australian dollar is a commodity currency. It relies on the export of its natural resources to support the currency. With the global recession cutting demand for commodities, the Aussie is having a difficult time in currency trading..... Full Article: Source
|