Original article by Vanessa Desloires
The Australian Financial Review – Page: 31 : 9-Mar-16

The Australian dollar reached an eight-month high of $US0.7485 in local trading on 8 March 2016, compared with a peak of $US1.10 in 2011. Steen Jakobsen, the chief economist at Saxo Bank, is upbeat about the outlook for the currency, forecasting that it will eventually reach parity with its US counterpart for the first time since 2011. He expects factors such as financial market volatility and the trend toward negative interest rates to bolster support for the currency.

CORPORATES
SAXO BANK A/S, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD