NAB's revisions to their AUD forecasts

National Australia Bank have revised their forecasts for AUD/USD higher in the short term, and further out (not so much)

(bolding mine as highlighting)

• Having held our nerve through the first seven months of 2017 with our long-standing call for the AUD/USD to fall to 70 cents by the end of this year, the ever-diminishing prospects for a significant near-term recovery in the US dollar now forces us to acknowledge that it is now difficult to expect such a steep fall this year.
• Next year could still be a very different story, in particular if US rates move up above Australian equivalents, which is the NAB forecast.
• But for end Q3, we lift our forecast from 0.73 to 0.78, and for year-end from 0.70 to 0.75.
• In 2018, we now suggest a low of around 0.73, from 0.70 previously

(NAB note dated August 21)