CNBC Interview: Reacting to the Calls for AUD to 1.70
May 9, 2011
Here is the second video from my CNBC Guest Hosting gig this AM from Singapore where I talk about the Aussie, commodity prices and commodity currencies:
Posted in Australian Dollar, Canadian Dollar, aud/usd, australian dollar forecast, forex blog
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May 9th, 2011 at 9:48 pm
For AUD/USD to ever go up to 1.70, I think it would be more about USD/AUD falling to 0.59, if you catch my drift.
May 12th, 2011 at 9:49 am
I think Jade could be right, it’s really looking that way maybe we touch .59
May 14th, 2011 at 5:13 am
AUD/USD growth depends not only on commodities but also on the fundamental situation in Australia. And the real estate market is kind of troubled there. If that bubble bursts, 1.7 will become completely improbable.
May 14th, 2011 at 11:05 am
[...] Source: http://www.kathylien.com/site/canadian-dollar/cnbc-interview-reacting-to-the-calls-for-aud-to-170 [...]
May 16th, 2011 at 11:45 pm
This is a very bold call. But I think you are right.
May 18th, 2011 at 5:26 am
the video is very good and very helpful
thanks for sharing
May 20th, 2011 at 5:11 am
I did not intend to imply that USD/AUD would fall to 0.59, I merely meant that AUDUSD could not rise to 1.70 on AUD merit alone, but rather on a (global) USD collapse of epic scale. Unlikely in the foreseeable future, notwithstanding US debt woes that everyone already knows about and is mostly priced in already.