Resurgent $A tipped to reach US78c mark

Original article by Timothy Moore
The Australian Financial Review – Page: 29 : 13-Jan-17

The Australian dollar peaked at $US0.7472 during the first press conference of US president-elect Donald Trump. Rodrigo Catril of National Australia Bank notes that the Australian dollar has performed better against its US counterpart than other key currencies so far in 2017. Westpac has identified the $US0.7525 level as the next target for the Australian dollar, while the ANZ Bank says it could potentially rise to $US0.78.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

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