National Australia Bank cut its forecasts out to the end of 2014:

  • decline to US88 cents by December 2013 (down from its prior of US93c)
  • down to US83c by December 2014, from its earlier forecast of US87c

Goldman’s this week:

  • to US86c next year, from US91c
  • and to US85c in 2015, from US89c

Westpac:

  • the AUD will trade around the “low to mid US90c area” in 2014 (down from its previous forecast of an average of US96c)

Full article: NAB, Westpac and Goldman have further cut their Aussie dollar forecasts