I'm interested to hear people's thoughts on the Oz dollar versus GB pound. British exports unexpectedly high this last quarter and although facing recession in first Quarter 2012, general pundit view is positive growth for the Olympics quarter. Oz dollar riding on China expectations and aversion to risk. Risk still looks high to me and China less than encouraging. The former lends strength to the pound, the latter weakens the Oz dollar. The Euro farce is the wild card on the table. General feeling in the blogosphere (fear!) is that Greece will go down early in January. This will wobble the Euro bigtime. People will flee to the USD (and GBP?). AUD would drop. So at this stage, what is the prognosis for GBP vs AUD in first quarter next year.
