# Australian dollar: Onwards and upwards, or is the little Aussie battler about to fall on its face? - ABC News

> The Australian dollar has traded between 70 and 80 US cents since 2015 and is near two-and-a-half-year highs. Analysts are divided, with HSBC forecasting 90 cents by mid-2018 while sceptics see overvaluation.

- Date: 2017-09-15 · published 2017-09-15T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/69185-australian-dollar-onwards-and-upwards-or-is-the-little-aussie-battler-about-to
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A strong Aussie dollar raises the cost of Australian grain and meat in US dollar terms, a factor for feed import prices if the trend persists.

## Read by commodity

- AUDUSD: neutral

## Sources

- abc.net.au: https://www.abc.net.au/news/2017-09-15/australian-dollar-will-it-go-up-or-down/8951092

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