Greg Gibbs Australian Quotations

Rate speculation this week has built up a head of steam. This will support the Australian dollar.

It's quite difficult to get bullish on the Australian dollar when the U.S. dollar is rising on interest-rate differentials.

Strong cyclical equities are often associated with greater global growth confidence, risk-seeking behavior and a stronger Australian dollar.

The Australian dollar has underperformed because there is a feeling it's past its best days in terms of a high-yielding currency.

The Australian dollar has moved up against all other currencies quite sharply. The market has been wrong-footed by the Australian dollar, as has happened on several occasions this year. You get a few strong numbers in Australia and the market has to turn around again.

The Australian dollar has been dragged down by the New Zealand dollar. Both currencies may well go through several months of under-performance.

Interest rate expectations will continue to support the Australian dollar.