The AFR has an amusing piece today on the Australian dollar:
The Australian dollar is unlikely to drop much between now and the end of the year, according to a survey of 25 market, academic, independent and industry economists, most of whom say the local unit is close to fair value now.
David Bassanese from BetaShares is the most bearish on the Aussie’s performance over the next six months, seeing it at US68¢ by December 31, and then even lower at US65¢ by this time next year.