ITS ABOUT THE CASH NOTHING ELSE.
-
Australian dollar could fall below US60c, says ANZ
Skittish investors have driven the Australian dollar lower but it could still fall further if a history of traders over-shooting the mark is any guide. That is the finding of a new analysis from ANZ Research in which strategist Daniel Been looked at past periods of currency swings He found that overshoots - where the dollar is lower or higher than economic data would usually support - tend to persist for some time. "The currency tends to spend more time on either side of fair value than it does actually trading at fair value," Been wrote in a note on Monday, adding that ANZ currently estimates fair value at US72¢. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Sep 14, 2015 5:42am Sep 14, 2015 5:42am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments | Online Now
- Comment #2
- Quote
- Sep 14, 2015 5:52am Sep 14, 2015 5:52am
- PaulDaemon
- | Commercial Member | Joined Jan 2015 | 473 Comments
20 Pips a day keeps centerlink away
- Comment #3
- Quote
- Sep 14, 2015 6:00am Sep 14, 2015 6:00am
- naigoreip
- | Joined Jan 2011 | Status: Member | 161 Comments
- Comment #4
- Quote
- Sep 14, 2015 6:03am Sep 14, 2015 6:03am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments | Online Now
ITS ABOUT THE CASH NOTHING ELSE.
- Comment #5
- Quote
- Sep 14, 2015 6:05am Sep 14, 2015 6:05am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments | Online Now
ITS ABOUT THE CASH NOTHING ELSE.
- Comment #6
- Quote
- Sep 14, 2015 6:14am Sep 14, 2015 6:14am
- roger44
- Joined Sep 2014 | Status: Member | 614 Comments
- Comment #7
- Quote
- Sep 14, 2015 6:43am Sep 14, 2015 6:43am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #8
- Quote
- Sep 14, 2015 6:44am Sep 14, 2015 6:44am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #9
- Quote
- Sep 14, 2015 6:47am Sep 14, 2015 6:47am
- Lionheartfx1
- | Joined Oct 2014 | Status: Member | 12 Comments
- Comment #10
- Quote
- Sep 14, 2015 6:56am Sep 14, 2015 6:56am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #11
- Quote
- Sep 14, 2015 7:02am Sep 14, 2015 7:02am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #12
- Quote
- Sep 14, 2015 7:09am Sep 14, 2015 7:09am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #13
- Quote
- Sep 14, 2015 7:20am Sep 14, 2015 7:20am
- PaulDaemon
- | Commercial Member | Joined Jan 2015 | 473 Comments
20 Pips a day keeps centerlink away
- Comment #14
- Quote
- Sep 14, 2015 9:10am Sep 14, 2015 9:10am
- maflip
- Joined Mar 2013 | Status: The truth hurts :) | 43 Comments
Be like water go with the flow
- Comment #15
- Quote
- Sep 14, 2015 11:20am Sep 14, 2015 11:20am
- danferre
- | Joined Nov 2012 | Status: Price action forever! | 69 Comments
- Comment #16
- Quote
- Sep 14, 2015 1:01pm Sep 14, 2015 1:01pm
- frx_trader
- | Joined Jun 2012 | Status: Analyst | 3129 Comments
- Comment #17
- Quote
- Sep 14, 2015 1:04pm Sep 14, 2015 1:04pm
- gc44
- | Joined Apr 2015 | Status: Member | 517 Comments
- Comment #18
- Quote
- Sep 15, 2015 2:09pm Sep 15, 2015 2:09pm
- pumuckel
- | Joined Jun 2015 | Status: Member | 131 Comments