Deutsche Bank sees AUD falling to US60 cents

Which raises an interesting question; is Australia different?

Lots of physical and AUD to ride so buy and sell alocated if you're trading?
 
If this happens $60cent^^^

THEN IMPORT PRICES UP ....CARS,WHITEGOODS, TV'S ETC.

EXPORT PRICES DOWN...FARMING BOOM?

Regards Errol 43
 
tbh, I am of the opinion that a lower AUD would be good for Australia.

While people wont be able to import consumer crap cheaply any more, it should be a net benefit for the economy.
 
I agree. Not a negative development at all. Suddenly competitive again. The RBA would be happy I'd think.

Of course it would mean interest rates rising to accommodate the funds fleeing the AUD and make the Big 4 pretty wobbly which would pass down to the person in the street but in the long run we'd be better off.
 
Don't give too much credit to anyone before you checked their track records.
You have to see trough their masks first because we know banks will do and say anything to make money.

[youtube]http://www.youtube.com/watch?v=flgm6FUFrWQ[/youtube]
 
The AUD is going strong! Who can we thank for this? The RBA? Strong demand for resources? Falling confidence in the USD? Manipulation by the bankster lizard people? If we get a simultaneous fall in the price of PMs against the USD then we'll be laughing.
 
The title is not quite the same as what what is written in the substance of the "scoop"

Deutsche Bank sees downside risks to its forecast for the Aussie to fall to 75 cents by the end of 2015 as the divergence between U.S. and Australian monetary policy drives a "significant narrowing" in benchmark yield spreads, Sydney-based Adam Boyton, chief economist for Australia at the lender, wrote in an e-mailed note to clients.
Click to expand...

75c would bring it in line with historic averages.

It was sometihng like 50c in 2001-2002 when gold was at a nadir.

http://www.exfin.com/historical-forex-aud
 
Seems to be trending higher. If inflation remains in the target area of 2-3% and unemployment rises I wonder if we'll see another rate cut soon.
 
I think I'm going to be checking a fair bit out of the AUD shortly. Here's hoping it doesn't dip before then.
 
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Source: jsmineset.com

Doesn't sink the AUD really.
 
The u.s. Dollar has the potential to wrong foot even the best Chartists even as we speak. Gold is on the cusp of making a potential mockery of the best analysts (except one in particular).....if it continues to fall.
Apply this to the u.s. Dollar and it would be a case of the dollar biding its time for a while longer and then off she goes.....past the point nearly all analysts believe it should go to...up, up and away.
Stay tuned.......wipe your brains of q.e., debt etc, etc........it is capital flows to watch.the u.s dollar will soon be the low ground and capital, like water, will find its way there with ease.
 
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