A bearish outlook for the Aussie dollar

Central bank movements and the China slowdown saw the Australian dollar tumble to six-year lows -- and there's further depreciation to come.

Dire global growth forecasts and shock decisions by central banks saw the Australian dollar test new six-year lows last week. A bout of aggressive selling took hold of the commodity-driven currency, and it fell below the key US80c level.

Central banks send shockwaves

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles