“On the upside, we think that 112.50 could be a key level to watch, beyond which foreign investors may actively look to reduce their currency exposures,”
“On the upside, we think that 112.50 could be a key level to watch, beyond which foreign investors may actively look to reduce their currency exposures.”
“The funds are still happy to play around at these levels. They expect us to look to test the upside a little bit but I don't necessarily at this stage think we are going to do $500.”
“The geopolitical risk that exists in the market is going to provide more upside...think you're going to see a lot of concentration on commodity prices.”
“There's little upside for the Australian dollar at these levels. We expect the dollar to fall over the next week or so whether there's an increase in interest rates or not.”
“I think the market had a decent week but without any fundamental backing, the rally doesn't really have tremendous upside.”
“I don't think it's going to have an overly material affect on consumer spending to the upside - but every little (bit) helps.”
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