Aussie dollar to be worth US$1.20 within 12 months

By Dale Gillham · 11 October 2010 · Cashflow

Aussie dollar's shocking forecast

The Australian dollar is predicted to reach new heights in the next 12 months, but will it mean good news for your wallet? Find out what experts are saying about the future of our currency.

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Summary

Everyone is talking up whether our dollar will reach parity with the US. In my opinion, the Australian dollar will not only reach parity but move to between $1.10 and $1.20 over the next 6 to 12 months.

Tags: Australian Dollar, Currency, Growth | Import | Export, Trade, US dollar