Westpac on the Australian dollar - lower but the pressure is mostly via crosses - ConsultFX

Westpac on the Australian dollar - lower but the pressure is mostly via crosses

An updated view on the AUD from Westpac, issued April 3: The Aussie remains pricey compared to short term fair value estimates. But with sentiment on the US dollar lukewarm, the pressure on AUD is mostly via crosses. We look for USD0.77 end-Jun, and 0.74 end-Dec.