When will the Australian dollar weaken? Or the yen rise?
I live in Japan and am going back to Aus for a holiday at Christmas time. Plan to buy a house but not with the current exchange rate. Surely the Aus. dollar has to crash soon???!!!!!! Can the low population and debt-ridden families really sustain this for much longer???!!! Thought or forecasts welcome.
I’m coming to Jap this Dec andhave been observing yen quite recently. Seems like yen hasbecomerelatively weak so it’s in favour of AUD and USD. But I believe by end of Nov, yen will appreciate because many people from other countries (like me) will seize the opportunity to tour Japan with a weaker-than-recent-years rate during the peak Dec season. Yen will definitely appreciate with the demand of people wanting to exchange their currency into yen.