From the Sydney Morning Herald ... "Australian dollar may fall below US60¢ in 'benign collapse', Deutsche's Adam Boyton says "

The economist who early last year made the then outrageous prediction that the Australian dollar could slide to US66¢ by the end of this year, now says a 50s handle is possible by the end of 2016.

"I wouldn't be surprised if the Australian dollar is printed with a 'five' handle in the next three years"

"As far as reaching a bottom, I don't think we'll know what that is until Chinese growth picks up, and our economy adjusts from the mining boom enough the RBA will be considering raising rates. All of those things seem quite some distance away, and I don't think the Australian dollar is likely to rise until at least 2017 or 2018."

The article is here.

Ungated. A free-for-all, if you will ....

-

Press calls are getting more and more extreme.