AUD UPDATE

Highest probability of a rate cut in the next 12 months according to the Credit Suisse RBA chance of priced moves in next 12 months for a 0.31% cut.

Thus we saw AUDUSD break a 4 year low at 0.8215 on Thursday and AUDSGD at a new 5 year low of 1.0798.

My call is for it to close the year at 0.86 with just 2 weeks left.

AUD Bond Prices (unverified)