{"id":5103,"date":"2011-07-27T23:55:22","date_gmt":"2011-07-28T03:55:22","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=5103"},"modified":"2011-07-27T23:55:22","modified_gmt":"2011-07-28T03:55:22","slug":"australian-dollar-closed-at-a-new-all-time-high-against-the-us-dollar","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/australian-dollar-closed-at-a-new-all-time-high-against-the-us-dollar\/","title":{"rendered":"Australian Dollar closed at a New All time High against the US-Dollar"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/energybusinessnews.com.au\/wp-content\/uploads\/2010\/11\/dollar.jpg\" alt=\"\" width=\"353\" height=\"230\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"http:\/\/us.cdn2.123rf.com\/168nwm\/fintastique\/fintastique0709\/fintastique070900330\/1677812-giant-dollar-symbol-against-ten-dollar-bills-and-australian-flag.jpg\" alt=\"\" width=\"168\" height=\"126\" \/><\/p>\n<p>Dear <strong>PGM Capital<\/strong>, Blog readers,<br \/>\nToday Wednesday July 27th 2011, the Australian Dollar closed at an all time high of,<br \/>\n<strong>USD 1,1026<\/strong> for <strong>AUD 1.00<\/strong>.<\/p>\n<p>In the last 5 years the Australian Dollar has appreciated with more than 25% against the USD as can be seen from below chart, this makes the Australian Dollar together with the Canadian Dollar, the Brazilian Real and Swiss Franc one of the strongest currencies of the world in this new millenium.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5106\" title=\"Australian Dollar 5 years chart\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2011\/07\/Australian-Dollar-5-years-chart.png\" alt=\"\" width=\"559\" height=\"243\" \/><\/p>\n<p>Commodity Rich Australia with an HDI ranking in the top 4 during the last 5 years has the best of both world to excel in the current knowledge age in which 5 new billion new capitalists are emerging from physiological needs to safety needs and above in accordance with <strong><a title=\"Maslow's Hierarchy of Needs\" href=\"http:\/\/en.wikipedia.org\/wiki\/File:Maslow%27s_Hierarchy_of_Needs.svg\" target=\"_blank\">Maslow Hierarchy&#8217;s of Needs<\/a><\/strong>.<\/p>\n<p>Due to this we believe that the Australian Dollar will stay strong in the years to come and have all the potential to\u00a0appreciate more against the USD and the EURO.<\/p>\n<p>Our advice to our clients is to hold beside a long term portfolio, savings accounts in the AUD, CAD and CHF<\/p>\n<p>We hope to have informed you satisfactorily and are looking forward to be at your service<\/p>\n<p>Your sincerely<\/p>\n<p>Eric Panneflek<br \/>\nChairman<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear PGM Capital, Blog readers, Today Wednesday July 27th 2011, the Australian Dollar closed at an all time high of, USD 1,1026 for AUD 1.00. In the last 5 years the Australian Dollar has appreciated with more than 25% against the USD as can be seen from below chart, this makes the Australian Dollar together<a href=\"https:\/\/www.pgmcapital.com\/nl\/australian-dollar-closed-at-a-new-all-time-high-against-the-us-dollar\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,9,10,11,12,15,1,17,18],"tags":[],"class_list":["post-5103","post","type-post","status-publish","format-standard","hentry","category-debt-crisis","category-emerging-markets","category-eric-panneflek","category-euro","category-inflation","category-pgm-capital","category-uncategorized","category-us-dollar","category-world-economic-outlook"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=5103"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5103\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=5103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=5103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=5103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}