The interest rate differential between the Australian and US Dollar looks set to reverse over the next 12-months, i.e., the US currently has higher interest rates, but by this time next year, we believe Australia will have a more restrictive monetary policy.
- We are targeting a break of the 70c area by the Aussie into 2025.
Buy the AUDS strong BetaShares ETF ~6.60 i.e. basis 68c in the $A
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NB The BetaShares AUDS ETF is leveraged around 2.5x in both directions.
