Aussie rate hike = yikes for USD

The Aussie dollar is a straight resource play (read: commodities). Look for Copper and BHP to spike as AUD gains big on the US dollar. Australia’s interest rate hike, paired with the Fed’s Quantitative Easing plan are dagger’s in the heart of the greenback. Just when our incomes are going down, Americans are going to have to deal with higher commodities. The proof is in the pudding:

Aussie Dollar vs US Dollar – http://www.hiddenlevers.com/hl/u?8Zz76U

Copper vs Aussie Dollar – http://www.hiddenlevers.com/hl/u?aZurN5

Copper vs BHP (Aussie miner) – http://www.hiddenlevers.com/hl/u?bJ1xoG

 

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