The Australian dollar's decline is far from over;
1 Australian National Bank technical analyst David Coloretti wrote that the Australian dollar fell sharply against the US dollar in August, indicating that the Australian dollar's downward trend is likely to continue, he lowered the Australian dollar expectations, anticipating the future In a month, the Australian dollar will hit 0.7050 against the US dollar and will touch 0.6900 in the next three months.
2 BlackRock Global Chief Investment Strategist Richard Turnill said that the short-term market outlook remains uncertain due to too many conflict factors; the uncertainty-enhanced Australian dollar Downside risks; in addition, the Reserve Bank of Australia will not move until the end of next year;
3 Global Forex Capital Co., Ltd. analyst Gibbs pointed out that the Australian GDP data released last week indicates that the country's economic growth is driven by the Australian Reserve Bank. Time to assess the threats to growth
