No short term guesses? AUD = USD 0.7844 right now.
Will check to see what rate the exchanges are selling in Brisbane tonight. From memory commission is ridiculous here.
About same in a years time and matching CAD pretty much in 1 year..
78 is normal, above 81 the RBA has taken a hit - they are always driving it down with 72 the low goal
Why: China is lying and ticking along nicely. Oil price rigging means little upside as frackers ramp up production.
The US winter is prolonging oil from dropping , so touching 80 is a possible
If the US raises interest rates, Australia will be forced to match them = little upside and bigger downside.
If you can pick which US stocks will do buybacks from Cayman money flowing in, you will make a motza,
Once the buybacks are over the USD will go down as the gains roost in Caymans again. Trump will discover the swamp has no American loyalty, and US budget projections a fantasy exposed bare.
As the RBA is insane on shorting, and gets cross at 80, shifting money out at >78.4 is a fair to excellent exit rate.
I would have though bad weather may push aud over 80 if American crops get frostbitten bad.
This means in their summer aussie may retreat to 73 ish when oil dips towards $52 or lower.
All disclaimed, pure guesswork.