# Aussie dollar poised for a surge in 2018 | SBS News

> HSBC's chief economist Paul Bloxham forecast the Australian dollar could climb to 90 US cents in 2018 on stronger global growth, commodity price gains and expected RBA rate hikes. The currency traded near 75.5 cents at the time.

- Date: 2017-12-07 · published 2017-12-07T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/67735-aussie-dollar-poised-for-a-surge-in-2018-sbs-news
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A forecast of higher commodity prices and a firmer Aussie is an outlook view with no immediate supply or demand shift for feed grains.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- sbs.com.au: https://www.sbs.com.au/news/article/aussie-dollar-poised-for-a-surge-in-2018/xye31800k

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