Markets are saying:
25% chance of the Fed increasing it 3 times which would get the cash rate at our 1.5% providing we don't touch ours
34% chance we'll raise our rates against a 3% chance we'll lower them
Getting anywhere near 50c seems pie in the sky type scenarios, at least for next year. The big unknown is how the world will react to Donald when he takes office.
I just booked 5 weeks in August/Sept and cant wait to head back... LA>roadtrip across to Utah via Yosemite>Seattle>Cuba>LA.
I'm back there in October and the dollar is my only concern at the moment.