Apr 13, 2026 (The Australian Financial Review - ABIX via COMTEX) --
The Australian dollar eased slightly on Monday, and was trading at around $US0.7030. The dollar has shed one per cent since the Iran war began, but currency strategists are upbeat about its outlook, with the ANZ Bank forecasting that it will top $US0.75 by the end of this year. Oliver Levingston from Bank of America says the fact that Australia's official interest rates are higher than Group of 10 nations should boost the currency; financial markets have priced in a 63 per cent chance that the Reserve Bank will increase the cash rate in May..
Publication Date: 14 April 2026
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ASX ANZ
BANK OF AMERICA AUSTRALIA LIMITED
RESERVE BANK OF AUSTRALIA
COMTEX_477187884/2229/2026-04-13T18:06:01
By Cecile Lefort
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