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The big (but not necessarily beautiful) bet against the Aussie dollar

For the first time industry super funds now have more money allocated to currency-unhedged international equities than they have invested in the Australian sharemarket.

Australian holidaymakers have intuitively known how to value our dollar since its float in 1983.

Below US65¢ is cheap so avoid the US. Above US85¢ is expensive so Disneyland, here we come. And if you see it below US50¢ or above $US1, take full advantage.

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    Original URL: https://www.afr.com/markets/currencies/the-big-but-not-necessarily-beautiful-bet-against-the-aussie-dollar-20250717-p5mfm9