Strong Aussie dollar market predicted for 2018

By William Chambers
14 Dec 2017

Strong exchange rates and a flurry of taps in the long end paints a bright picture for the Australian dollar market next year — despite low growth data in the third quarter of 2017 for the Australian economy.

“The market is pretty quiet at the minute as we’re getting into the year-end pattern where people are closing down,” said an Aussie dollar banker. “However, we have still seen activity in the long end, such as the trades from Renten, NIB, and Alberta last week, and IFC ...

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