3 powerful forces battering the Australian dollar

Where do you think the Australia dollar will be trading at in 2 or 3 years? As fund managers of international shares we are often asked for our views on the Australian dollar. One of the most common question we have been asked recently is “surely the Australian dollar will go back up soon given how much it has fallen?” Actually, it is more of a statement than a question from most people who have seen the Australian dollar depreciate by over 30% (against the US$) since mid-2011. Our short answer is the Australian dollar is very unlikely to appreciate significantly anytime soon. To find out the three simple but powerful reasons why we have this view, click on this (VIEW LINK)