Bloomberg rankings put foreign-exchange strategist in Warsaw at TMS Brokers Konrad Bialas at #1 in the year through September

  • Says the bulk of the Aussie's depreciation is behind it
  • But forecasts it will end this year at 69 cents
  • Says China will probably lower the annual growth target in its new five-year plan to 6.5 percent from 7 percent, while a Federal Reserve interest-rate increase in December will also keep pressure on the Aussie dollar
  • "The probability is still significant" that the Australian dollar will retest its 2015 low before the end of the year
  • I can agree that China fears from August-September were exaggerated"
  • but "the outlook isn't that rosy to buy any risky assets without hesitation"

Theres more at Bloomberg link, here.

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If you're an AUD bear, you're welcome. If you're a bull, flame away.

:-D