Australian Dollar forecast

Posted: October 22, 2014 in Uncategorized

The Australian Dollar stands now around -.88/ .87 US Dollar.

A few month ago was 94 cents and a year ago around $1.

Where it will be in the future?

In the short term (3 to 6 months) should stay around this area (84 cents to 90 cents).

But if history is of any guidance every time the US Dollar started show some strength as part of the US recovery, the US Dollar rallied approximately 35% against the AUD (much more than against other currency).

If this is indicative in the future we could see the AUD valued at .70/.75 USD

How this translate in the markets.

Well overseas exposure (or exposure to companies that have overseas earnings) becomes even more attractive.

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