# Australian Dollar: Rabobank Cuts Forecasts as Morgan Stanley Bets on Return to Financial Crisis Lows

> Rabobank has cut its Australian dollar forecasts while Morgan Stanley bets on a return to financial crisis lows. The Aussie is down 5.2% in 2018 and sits at a one-year low against the dollar, with its China links and global risk sensitivity weighing on it.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/64777-australian-dollar-rabobank-cuts-forecasts-as-morgan-stanley-bets-on-return-to
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Bearish currency forecasts tied to China and trade war risk signal weaker Australian export demand and pressure on dollar-priced Australian commodities.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/aud/9338-australian-dollar-rabobank-cuts-forecasts-as-morgan-stanley-bets-on-return-to-financial-crisis-lows

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