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How low can the Aussie dollar go?

Posted on 15 July 2013

After weeks of rapid depreciation, many commentators are wondering just how low can the Australian dollar go. Slowing growth in China and signs of a recovery in the US have renewed pressure on the dollar, with some predicting that it could fall below US90 cents as encouraging US jobs figures strengthen the greenback.
Analysts from investment bank Credit Suisse have been more bearish in their 12-month outlook, forecasting that the dollar could slide to a low of US75 cents. Below are three academics’ views on the fundamental value of the Australian dollar and what the future might hold for our exchange rate………………………………………..Full Article: Source


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VRS - who has written 36927 posts on Opalesque Commodities Briefing.


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