Is the Australian dollar popular? A list of views from many investment banks
< br > < span class = "section-news" > 1. Citigroup: If the US dollar is the least popular bull, then the most popular should be the Australian dollar. The decline in the Australian/US brings opportunities to buy on dips. < br > < span class = "section-news" > 2. UBS Group: Given the interest rate outlook of the Reserve Bank of Australia, the Australian dollar will perform "very well" against the New Zealand dollar and other low-yielding currencies in the next 6 months. < br > < span class = "section-news" > 3. Julius Baer Group: Given that the RBA may not cut interest rates as quickly as the US, the Australian dollar may continue to strengthen against the US dollar. < br > < span class = "section-news" > 4. Bank of America: The Australian dollar is expected to gradually rise against the US dollar in the coming quarters due to the narrowing of the spread between the Australian dollar and the US dollar. < br > < span class = "section-news" > 5. Westpac Bank: The Australian dollar/USD could test 0.7000 in 3-6 months due to the Reserve Bank of Australia's tough stance and the weakening US dollar. < br > < span class = "section-news" > 6. Commonwealth Bank of Australia: The Australian dollar may extend its rally and hit a new high for the year after inflation slowed less than expected in July.