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JP Morgan calling AUD to 65 cents (by June 2017)

Bloomberg with the headline on JPM's forecast

JPM citing a weak CPI to look for rate cuts and a lower AUD

  • See RBA cash rate at 1.5% by the end of 2016, with the AUD/USD at 0.7000
  • The AUD to 0.6500 by June of 2017

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I reckon we'll need to see a rate hike or two from the Fed for that 65 cent call to happen. Still, 13 months away is too far for my crystal ball.

Anyone ever heard this?

  • " Our main business is not to see what lies dimly at a distance, but to do what lies clearly at hand. "

Works for me.

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more from JPM:

  • See cash rate at 1% in the first half of 2017

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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