ANZ forecast for the AUD/USD:
- To 0.8700 cents by the end of 2014
- To 0.8400 by June 2015
They cite:
- “… environment of suppressed volatility is encouraging yield-seeking behaviour and driving the AUD further from fundamentals”
- “Rising trends in both US activity and inflation means this environment is not sustainable. When the regime shifts the AUD will depreciate sharply”
