"I can see it certainly dropping quite sharply from here," Carlin Doyle, a London-based currency strategist at State Street Global Markets said. The Australian dollar could fall "below the 40 cent level and I can see that happening in the next year or so," he added.
Comment:
lol rofl Now I wonder what he was predicting when the Australian dollar was 90 cents? $1.00? $1.20? My guess is he didn't pick the turn near the top.
It's a pity we don't have a law that insists when these predictions are published the last five or so predictions on the same issue by the same analyst must also be published.
Then in most cases I suspect we would laugh at their most current prediction. lol
"I can see it certainly dropping quite sharply from here,"...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 530 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 311 | 1 |
View Market Depth
| Last trade - 16.21pm 25/06/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable