MARKETS SPECTATOR: Which stocks will ride a falling dollar?

Credit Suisse believes there'll be upside for a basket of big-name Australian stocks on the back of a steep fall in the dollar.

Credit Suisse analyst Jason Swinbourne expects the Australian dollar to fetch just 85 US cents by May next year, a 12 per cent decline from where the currency is currently trading, because commodity prices are dropping and the Reserve Bank will cut its benchmark cash rate further.

The Australian dollar’s depreciation against the greenback is not all bad news for the stock market, according to Swinbourne in a research note.


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