{"id":23054,"date":"2014-07-13T10:56:09","date_gmt":"2014-07-13T17:56:09","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=23054"},"modified":"2014-07-13T10:56:09","modified_gmt":"2014-07-13T17:56:09","slug":"a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/","title":{"rendered":"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts"},"content":{"rendered":"<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on June 26, 2014. <a href=\"http:\/\/seekingalpha.com\/article\/2287423-a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>Australia&#8217;s Bureau of Resources and Energy Economics (BREE) recently released its <a href=\"http:\/\/bree.gov.au\/publications\/resources-and-energy-quarterly\" target=\"_blank\">Resources and Energy quarterly<\/a> for the June, 2014 quarter containing a notably more cautious tone toward the Australian dollar (FXA) and its interaction with commodity prices (particularly iron ore, Australia&#8217;s largest export). Specifically, the stubbornly strong Australian dollar has forced the BREE to hike its forecast of the currency&#8217;s exchange rate in subsequent years and to insert the exchange rate as a specific risk factor to its forecasts on export economics.<\/p>\n<p>{snip}<\/p>\n<p>Throughout the March report, the BREE presumed that a lower exchange rate would support exports across Australia&#8217;s commodities. Fast-forward three months and the BREE has gone from a 2014-2015 forecast of 0.86 for the Australian dollar versus the U.S. dollar to 0.90 for this period. The catalysts for a lower currency have all disappointed so far. {snip}<\/p>\n<p>{snip}<\/p>\n<p>Perhaps most perplexing for the BREE (and me) is that the Australian dollar has fallen alongside iron ore year-to-date. {snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_23057\" aria-describedby=\"caption-attachment-23057\" style=\"width: 540px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png\" alt=\"The Australian dollar has appeared oblivious to the plunge in iron ore in recent months\" width=\"550\" height=\"323\" class=\"size-full wp-image-23057\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar-300x176.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-23057\" class=\"wp-caption-text\">The Australian dollar has appeared oblivious to the plunge in iron ore in recent months<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/www.barchart.com\/chart.php?sym=TRU14&#038;style=technical&#038;template=&#038;p=DO&#038;d=X&#038;sd=&#038;ed=&#038;size=M&#038;log=1&#038;t=LINE&#038;v=0&#038;g=1&#038;evnt=1&#038;late=1&#038;o1=%5EAUDUSD&#038;a1=on&#038;o2=&#038;o3=&#038;sh=100&#038;indicators=&#038;addindicator=&#038;submitted=1&#038;fpage=&#038;txtDate=#jump\" target=\"_blank\">barchart<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>{snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_23059\" aria-describedby=\"caption-attachment-23059\" style=\"width: 540px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOrePriceProjection.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOrePriceProjection.png\" alt=\"A relatively benign projection of the price of iron ore\" width=\"550\" height=\"329\" class=\"size-full wp-image-23059\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOrePriceProjection.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOrePriceProjection-300x179.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-23059\" class=\"wp-caption-text\">A relatively benign projection of the price of iron ore<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/bree.gov.au\/sites\/default\/files\/files\/\/publications\/req\/REQ-2014-06_.pdf\" target=\"_blank\">BREE<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>The drop in iron ore has not prevented Australia from realizing revenue gains from its exports. {snip}<\/p>\n<p>The BREE&#8217;s expectations for imports and exports among the major players shows a major surplus. {snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_23058\" aria-describedby=\"caption-attachment-23058\" style=\"width: 540px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreWorldTrade.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreWorldTrade.png\" alt=\"Where is Australia&#039;s extra production going?\" width=\"550\" height=\"263\" class=\"size-full wp-image-23058\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreWorldTrade.png 550w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreWorldTrade-300x143.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><figcaption id=\"caption-attachment-23058\" class=\"wp-caption-text\">Where is Australia&#8217;s extra production going?<br \/><\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/bree.gov.au\/sites\/default\/files\/files\/\/publications\/req\/REQ-2014-06_.pdf\" target=\"_blank\">BREE<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>This chart makes me wonder about Rio Tinto&#8217;s (RIO) recent claim that <a href=\"http:\/\/seekingalpha.com\/article\/2259353-joy-global-adds-to-the-calm-regarding-the-collapse-in-iron-ore-prices\" target=\"_blank\">China will be ready to absorb Australia&#8217;s surging production of iron ore<\/a>.<\/p>\n<p>Overall, iron ore is helping to maintain a relatively strong forecast for GDP growth in Australia. However, the stubbornly strong Australian dollar is cited as a major risk factor. Instead of the story from the March report of a currency supporting future growth, the Australian dollar has now become a risk factor for growth. {snip}<\/p>\n<p>Next up should be the Reserve Bank of Australia (RBA) using the language of the BREE to put a slightly brighter spotlight on the surprising strength in the Australian dollar. {snip}<\/p>\n<p>Be careful out there!<\/p>\n<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on June 26, 2014. <a href=\"http:\/\/seekingalpha.com\/article\/2287423-a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>Full disclosure: (marginally) net short Australian dollar<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This is an excerpt from an article I originally published on Seeking Alpha on June 26, 2014. Click here to read the entire piece.) Australia&#8217;s Bureau of Resources and Energy Economics (BREE) recently released its Resources and Energy quarterly for the June, 2014 quarter containing a notably more cautious tone toward the Australian dollar (FXA) &#8230; <a title=\"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[386,199,59],"tags":[308,310,1111,309,676],"class_list":["post-23054","post","type-post","status-publish","format-standard","hentry","category-australia","category-commodities","category-economy","tag-audusd","tag-australian-dollar","tag-bureau-of-resources-and-energy-economics","tag-fxa","tag-iron-ore"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"(This is an excerpt from an article I originally published on Seeking Alpha on June 26, 2014. Click here to read the entire piece.) Australia&#8217;s Bureau of Resources and Energy Economics (BREE) recently released its Resources and Energy quarterly for the June, 2014 quarter containing a notably more cautious tone toward the Australian dollar (FXA) ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2014-07-13T17:56:09+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts\",\"datePublished\":\"2014-07-13T17:56:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/\"},\"wordCount\":436,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2014\\\/06\\\/140625_IronOreVsAustralianDollar.png\",\"keywords\":[\"AUD\\\/USD\",\"Australian dollar\",\"Bureau of Resources and Energy Economics\",\"FXA\",\"iron ore\"],\"articleSection\":[\"Australia\",\"Commodities\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/\",\"name\":\"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2014\\\/06\\\/140625_IronOreVsAustralianDollar.png\",\"datePublished\":\"2014-07-13T17:56:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2014\\\/06\\\/140625_IronOreVsAustralianDollar.png\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2014\\\/06\\\/140625_IronOreVsAustralianDollar.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2014\\\/07\\\/13\\\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\",\"name\":\"ONE-TWENTY TWO: Trading Financial Markets\",\"description\":\"Exploring the poetry in financial markets for students of money and economy since the year 2000.\",\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\",\"name\":\"Dr. Duru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"width\":900,\"height\":100,\"caption\":\"Dr. Duru\"},\"logo\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.drduru.com\\\/onetwentytwo\",\"https:\\\/\\\/www.instagram.com\\\/drduru_market_breadth\\\/\",\"https:\\\/\\\/x.com\\\/drduru\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts - ONE-TWENTY TWO: Trading Financial Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/","og_locale":"en_US","og_type":"article","og_title":"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts - ONE-TWENTY TWO: Trading Financial Markets","og_description":"(This is an excerpt from an article I originally published on Seeking Alpha on June 26, 2014. Click here to read the entire piece.) Australia&#8217;s Bureau of Resources and Energy Economics (BREE) recently released its Resources and Energy quarterly for the June, 2014 quarter containing a notably more cautious tone toward the Australian dollar (FXA) ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2014-07-13T17:56:09+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png","type":"","width":"","height":""}],"author":"Dr. Duru","twitter_card":"summary_large_image","twitter_creator":"@drduru","twitter_site":"@drduru","twitter_misc":{"Written by":"Dr. Duru","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts","datePublished":"2014-07-13T17:56:09+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/"},"wordCount":436,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png","keywords":["AUD\/USD","Australian dollar","Bureau of Resources and Energy Economics","FXA","iron ore"],"articleSection":["Australia","Commodities","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/","url":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/","name":"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png","datePublished":"2014-07-13T17:56:09+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2014\/06\/140625_IronOreVsAustralianDollar.png"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2014\/07\/13\/a-stubbornly-strong-australian-dollar-introduces-a-risk-factor-into-economic-forecasts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"A Stubbornly Strong Australian Dollar Introduces A Risk Factor into Economic Forecasts"}]},{"@type":"WebSite","@id":"https:\/\/drduru.com\/onetwentytwo\/#website","url":"https:\/\/drduru.com\/onetwentytwo\/","name":"ONE-TWENTY TWO: Trading Financial Markets","description":"Exploring the poetry in financial markets for students of money and economy since the year 2000.","publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/drduru.com\/onetwentytwo\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0","name":"Dr. Duru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","width":900,"height":100,"caption":"Dr. Duru"},"logo":{"@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg"},"sameAs":["http:\/\/www.drduru.com\/onetwentytwo","https:\/\/www.instagram.com\/drduru_market_breadth\/","https:\/\/x.com\/drduru"]}]}},"_links":{"self":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/23054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/comments?post=23054"}],"version-history":[{"count":13,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/23054\/revisions"}],"predecessor-version":[{"id":23292,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/23054\/revisions\/23292"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=23054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=23054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=23054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}