The path toward an erudite grasp of personal finance is replete with age-old kernels of wisdom such as “you’ve got to learn the value of a dollar.” For investors in Australia, it’s never been more important to grasp the value of the king of currencies – the U.S. dollar.
In this article we will look at recent U.S. dollar strength, the impact this has on an Australian investing in U.S. equities and the benefits of hedging USDAUD exposure at this point in time.