View full page at forexfactory.com

 

Aussie Dollar at $1.30: Are You Kidding?

From cnbc.com

The robust Australian dollar could actually get a whole lot stronger over the next two years, rising to as high as $1.30, but this is subject to strong gains in Asian equity markets, forecasts one analyst. Australia's currency has risen about 6 percent from lows hit against the greenback in June last year, maintaining its resilience in the face of interest rates cuts which are often negative for a currency. (full story)

Story Stats

  • Posted:
  • Category: Breaking News