USD$103k ~ AUD$161k currently at today’s exchange is about USD0.63c ~ AUD$1.00
and widely expected to reduce
further down to 0.5:1 near the ATH
Same every cycle? Feels like we have derivative yo-yo multiplier walk-the-dog here as a USD proxy, we used to be at USD$1 = AUD$1.20 not all that long ago …