So far this year, exchange rates have been in the forefront of attention. For the first few months of this year, the Australian dollar declined quite sharply against the US dollar, more so than other major currencies. More recently, it has been a bit steadier, while a number of other currencies have weakened more noticeably against the US dollar.
With firstly the euro, then the pound, then some other smaller currencies joining in, the position of the Australian dollar is now not so lonely.