Aussie dollar in adjustment phase

Interviews

John Noonan of Thomson Reuters speaks to FNN about the Australian dollar's decline and how low it may go.

Mr Noonan discusses the Australian currency's recent falls and his outlook for the dollar relative to the Japanese Yen and the US dollar.

He says the Bank of Japan's aggressive quantitative easing measures are likely to have long term impacts.

Mr Noonan offers his views on predictions the Australian dollar may drop as low as 90 US cents as well as the factors that will impact its recovery.

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