OZ press: RBA's Edwards on AUD: "I certainly think we've room to move lower"

Comments from RBA board member John Edwards in the local press today on the AUD:

(bolding is mine)

We are getting into a range now, in terms of our cross-rate with the US dollar, where we are getting back to our average level over the period since the (1983) float.

We haven't seen as big a move in trade-weighted terms ... I certainly think we've got room to move (lower) in a trade-weighted sense.

There is no firm way of saying what level is appropriate, except to say to see it a bit cheaper is good.

On the Federal Reserve:

The sooner the Fed moves, the better for us

(referring to a rate hike, which should have the effect of weighing on the AUD ... but given how well telegraphed its been (not the timing, though) may very well not have that effect)

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h/t & thanks @gregorymckenna