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I think this is pretty much spot on We measure the value of the Aussie dollar in terms of its relationship to the U.S. dollar. If the Fed raises interest rates, this will put upward pressure on the U.S. dollar. If the U.S. dollar strengthens, the Australian dollar will get weaker, all else...

Not sure.. This stuff does my head in All I can say is the au$ has dropped significantly over tha last 12 months about 25%, while US economy is improving. When interest rates drop in oz the Au$ drops.