Credibility Problem?

"BlackRock, which oversees $US4.65 trillion ($6 trillion) worldwide, expects the Aussie to fall 9 per cent to US70¢ as the RBA cuts record-low interest rates to offset the pain caused by tumbling commodity prices"

This is the same Blackrock, who back in late July 2013 is quoted as stating:
"BlackRock Inc., the world’s biggest fund manager, said Australia’s dollar may drop as low as 80 U.S.cents in the coming nine months"

Facts:
At the time the Aussie was trading around .9180
3 months later it was trading .9680
At the end of the quoted 9 month time frame (late April 2014)  the Aussie was trading around .9260

Luck they used the term "MAY DROP"  lol.

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