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What you observe is exactly what is going on. Lower dollar will result in increased prices for imported goods and makes everything more expensive. Well oil is supposed to be cheap, <$1/L at servo but the refinery strikes in the states are keeping prices of refined oil up, even though crude price...

U.S. FED is now expected to increase interest rates in JUNE as jobs reports over there released this week was really good. Wall street took a hit overnight. Emerging currencies and AUD will probably take a big hit as funds are channeled back to US. global interest rates will likely go up...