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CHRISTMAS SHOPPERS REJOICE, AUSSIE DOLLAR IS TIPPED TO RISE

The Aussie dollar remains at a six-month low, so online bookmaker sportsbet.com.au is tipping there’s only one way for it to go – and that’s up!

The bookie has opened betting on what the Aussie dollar will peak at in 2018, with over parity with its US counterpart being the $4.33 favourite.

If this is to occur, December 2018 is most likely time of the year as a $3.33 chance.
“We’re tipping the Aussie dollar will reach parity with the US in December next year, news that will make online Christmas shoppers jump for joy! Hopefully this doesn’t mean a bunch of ‘Make America Great Again’ caps will be found under the tree,’’ said sportsbet.com.au’s Christian Jantzen.

Market courtesy of sportsbet.com.au
When will the Australian Dollar reach parity with the US Dollar?
$36 January 2018
$26 February 2018
$23 March 2018
$20 April 2018
$18 May 2018
$12 June 2018
$10 July 2018
$8.50 August 2018
$7.00 September 2018
$6.00 October 2018
$5.00 November 2018
$4.33 December 2018

Australian Dollar Peak in 2018
$51 Less than or equal to $0.70 USD
$36 Over $0.70 to $0.75 USD
$7.50 Over $0.75 to $0.80 USD
$5.00 Over $0.80 to $0.85 USD
$4.00 Over $0.85 to $0.90 USD
$6.00 Over $0.90 to $0.95 USD
$8.00 Over $0.95 to $1.00 USD
$3.33 Over $1.00 USD

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