Australia's cenbank official expects to see lower A$ in time

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#1
The FX risk will continue for those with exposure in A$...

Australia's cenbank official expects to see lower A$ in time

Reserve Bank of Australia Deputy Governor Philip Lowe said on Tuesday he expected to see a lower Australian dollar over time and reiterated the central bank would not rule direct intervention in or out.

"We don't rule intervention in or out, that has been a long-standing practice," Mr Lowe told a conference in Sydney, adding the threshold for intervention is high. - Reuters

Source: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#2
Everyone wants cheap currency to boast their export.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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#3
Does anyone have a view of how low will AUD-USD drop in say 3mth/6mth/12mth?

tks.
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#4
How about aud-sgd?
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