Original article by David Rogers
The Australian Financial Review – Page: 19 & 27 : 26-Jul-17

The Australian dollar has gained 3.5 per cent so far in July, and it remains close to a two-year high. The currency has risen by about 10 per cent in the year to date, and its trade-weighted index has risen by five per cent. The Australian dollar has benefited from factors such as a downturn in the value of its US counterpart and growing speculation that the Reserve Bank will increase interest rates in 2018. Greg Gibbs of Amplifying Global FX Capital says a further sharp fall in the value of the US dollar is possible given the US economic outlook.

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RESERVE BANK OF AUSTRALIA, AMPLIFYING GLOBAL FX CAPITAL PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, THE ANIKA FOUNDATION, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED STATES. FEDERAL RESERVE BOARD