Australian dollar to hit US62¢ in 2016: Morgan Stanley

http://www.smh.com.au/business/markets/currencies/australian-dollar-to-hit-us62-in-2016-morgan-stanley-20150610-ghkjeb.html?eid=socialn%3Atwi-13omn1677-edtrl-other%3Annn-17%2F02%2F2014-edtrs_socialshare-all-nnn-nnn-vars-o&sa=D&usg=ALhdy28zsr6qiq Morgan Stanley expects the Australian dollar to drop to US68¢ by the end of the year, before finishing 2016 even lower at US62¢.