I live in Australia.
From what I can see in the past few years (and still ongoing), the AUD value just seems to go down. Right now, 1 AUD=0.86 USD, and from what I've read in some websites, it's predicted that the AUD will go down to 0.75 USD.
What does this mean for me? Is this a good sign, or a bad sign? Should I invest in foreign dollars? Is my general value going down?
P.S. I'm not so sure how to tag this.