Currency analysts at Commonwealth Bank don’t expect the Aussie to fall back below parity anytime soon.
CIBC Markets believes pricing out further cuts to Australia’s cash rate is premature and favours a weaker currency. Pressure is also expected to increase on the US dollar and euro.
Analysts at Forex.com predict that the US dollar will put on a strong show this quarter now that the US recovery is seen to be gaining some traction.
FXCM Market analyst David Rodriguez takes a contrarian view on AUD/USD.
The US Dollar isn’t weakening on increasing risk appetite like it normally does, but ANZ says it’s still too early to call strength permanent.
Framing exchange rate action helps a trader recognize high probability entry and exit points, suggests Tyler Yell, trading instructor.
Part three in a series of stories on the Global Currency War.
FX analysts at Commonwealth Bank see signs the RBNZ may be considering an intervention in the NZ dollar.
Australian dollar strength is here to stay for some time, Commonwealth Bank strategists maintain.
This is the second part in a FXCM series on the Global Currency war.