How far will AUD drop? - Aussie Stock Forums

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  1. #1

    Default How far will AUD drop?

    How far will the AUD fallagainst the yen and USD?

  2. #2
    Problem solved... next bubble. theasxgorilla's Avatar
    Join Date
    Dec 2006
    Delft, The Netherlands

    Default Re: How far will AUD drop?

    With what the Fed just did ie. our rate differential improving, its probably reasonable for the AUD to test resistance at 80c. Depending on analyst predictions about whether rates here in Aust will stay put, it should punch through north of 80c I would think. Uncertainty has been abated for now...the Fed have acted...over-reactions become opportunities.

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