AUD 0.00% 1.5130 australian dollar

AUD continues to tank.....USD 0.7138 @ 2:30 am , Jan 6, page-2

  1. 2,317 Posts.
    So you must be predicting one of the three following scenarios because I can't see there
    ( 62c ) getting there otherwise. (a) another GFC like event (b) a complete meltdown of the property market (c) the Fed raises rates more than 3 times this year. A/U looks like its range bound to me 70-73c, won't stay there forever but it's hard to predict the next catalyst to move it outside of it's current range. Fed mins and payrolls this week could maybe give it a push.
 
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