Australian Dollar Forecast

[Andrew Williams]

I have started to receive foreign exchange forecasts from a well known Australian Bank for the Australian Dollar.

Whilst most of the commentary is around the Aus$ v US$ and Aus$ against Euro it still has a table listing future predictions for Aus$ against GBP.

Of course nobody knows what will happen as anything can as seen throughout the GFC, however it is still good to understand what some of the Foreign Exchange economists believe.

If anyone would like a copy then please feel free to email me and I will send it back by email.

Regards


Andy

[ethanwhite]

The Australian dollar increased for the first time in three days against the greenback after a government report showed employers added more jobs last month than economists forecast. Australia’s currency rose 0.5 percent to 89.79 U.S. cents.