In just one week the AUD has fallen over 7% vs. the USD to levels in line with the 2008 low. If the crisis fails to show signs of abating AUD/USD is likely to have further to fall, in the opinion of analysts at Rabobank. Key quotes “It is likely that the bottom for AUD/USD will only be reached once demand for USDs softens.” “Further policy actions from the Fed or a large fiscal stimulus from the US are likely to be important measures in propping up risk appetite and tempering USD demand.” “We have revised lower our 3 month AUD/USD forecast to 0.55.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY climbs above 107 as USD strength continues to dominate FX markets FX Street 2 years In just one week the AUD has fallen over 7% vs. the USD to levels in line with the 2008 low. If the crisis fails to show signs of abating AUD/USD is likely to have further to fall, in the opinion of analysts at Rabobank. Key quotes “It is likely that the bottom for AUD/USD will only be reached once demand for USDs softens.” “Further policy actions from the Fed or a large fiscal stimulus from the US are likely to be important measures in propping up risk appetite and tempering USD demand.” “We have revised lower our 3 month… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
