ausbiz: Is the bottom in for the Australian Dollar?
In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, discusses how the Australian Dollar has been hit from all sides, with a bout of risk aversion, interest rate differentials, and weaker Chinese growth weighing on the currency. Dragicevich says the worst is already priced in, with AUD/USD poised to rebound above 70 cents going into next year.
Watch the ausbiz video here: https://ausbiz.com.au/media/is-the-bottom-in-for-the-australian-dollar?videoId=31402§ionId=1885