24 Quotes by John Kyriakopoulos

The Australian dollar is being hurt by the rise in global bond yields, driven by expectations all three major central banks will be raising interest rates this year. This is hurting commodities.

It will be a tough first half of the year for the U.S. dollar with the Fed peaking with rates. The euro will do okay in the first half on expectations the ECB will tighten rates.

Around 75 cents is the sell zone, which is close to the 100-day moving average which provided a bridge too far over the past nine months.

The Fed is still going to 5 percent and therefore Australia's yield advantage will continue to narrow.

Higher metals prices and poor US dollar sentiment are offsetting a declining yield advantage for the Aussie, but we still see it expensive north of $0.7500.

The commodity price story has continued to be positive for the Australian dollar.