# Top Forecaster Says Aussie Will Rise 5% as Trade Tide Turns - Bloomberg

> A Tempus Inc. strategist forecasts the Australian dollar will rise about 5% to 74 US cents by year-end as easing U.S.-China trade tensions support risk assets. Funds including AMP Capital and QIC are described as bearish on the currency.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/59352-top-forecaster-says-aussie-will-rise-5-as-trade-tide-turns-bloomberg
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A forecast recovery in the AUD would lower Australian import costs and could support commodity prices if risk sentiment improves, though it is only one analyst's view.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-05-01/best-forecaster-says-buy-aussie-as-funds-position-for-losses

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.