There has been a visible surge in the parity between US dollar and its Australian counterpart. But this difference may be very short-lived, say experts because of the decline in value of Aussie-Dollar.

The currency has slide in the last one year against the Japanese yen which is a sign that the country will be losing on the margins in exports.

Experts like Todd Gordon of GAIN Capital Holdings Inc. in New York believe that fundamentals of Australian dollar can be seen against Yen and not against dollar. This is so because the parity between US dollar and Aussie-dollar is caused because of the weakness in US dollar and not because Australian dollar is doing well.

Yen, on the other hand, will be putting pressure on the exports of Australia which also includes the commodity market.

Australian dollar touched $1.0004 against the US dollar on October 15, which is the highest that it has reached since 1982. This happened since there were speculations in the market about the possible negative impact of Federal Reserves move to increase stimulation, on the US dollar.