LTG GOLDROCK REVIEW of what the Banks are saying about the Aussie Dollar

It's important when looking to trade the Forex Markets to have a complete picture of bother the Technicals and the Fundamentals. Each day Andrew Barnett from LTG GoldRock Reviews what the Banks are saying in the media. You will find many of the comments are self-serving and that they have their own agenda on where they want the AUD to be. Take a look at today's "What the Banks are Saying".

ANZ boss says that Stevens doesn't want to cut rates because that will put more heat in housing but he doesn't want to raise them because of the currency.

Citi Group says seasonally we see strong demand for the Aussie Dollar between now and the end of the year.

Deutsche Bank says its sees the Aussie Dollar at 0.98c by the end of the year but by the end of 2014 sees it at around 0.90c.
The reason of course is that in 2014 they expect the US Fed to have started and likely completed the taper.

CBA says that jawboning was more art than science and sometimes delivered imperfect results. Referring to Glenn Stevens comments yesterday.