Business
Westpac: Autralian dollar headed to 80 cents – MacroBusiness
See the latest Australian dollar analysis here:Macro AfternoonVia Bill Evans at Westpac: On June 5 we sharply raised our forecast profile for the AUD to reach USD 0.72 by end 2020 and USD 0.76 by end 2021. At the time AUD had just dropped back to USD 0.68 but…
On June 5 we sharply raised our forecast profile for the AUD to reach USD 0.72 by end 2020 and USD 0.76 by end 2021.
At the time AUD had just dropped back to USD 0.68 but we had decided that the resurgence we had seen since March was likely to be sustained for up to the next two years.
Since then, as can be the case in the forecasting business, the AUD has lifted steadily to USD 0.72 matching our year-end target.
The case for this momentum to stall is not convincing so we are obliged to bring…
-
Noosa News22 hours agoPCBA reviews DMP | Noosa Today
-
Noosa News21 hours agoFemale farmers determined to defy NSW dairy industry exodus
-
Noosa News22 hours ago‘So cheap’: Where you can get an Ascot house for half the price
-
Business21 hours agoThese 3 Aussie stocks could skyrocket and stay there for decades