29.03.2012 - Outlook bullish on commodity currencies - Wells Fargo
From Vassili Serebriakov, Currency Strategist at Wells Fargo Bank: “For investors, we would advocate a selective bullish view on commodity currencies but with strategies that lessen exposure to US monetary policy shifts. We would thus prefer to rotate out of the US dollar, and into other core major currencies such as the euro and yen, to fund long positions in the Canadian and NZ dollars. Additionally we would consider establishing long Canadian and NZ dollar positions against the Australian dollar.”..............................................Full Article: Source
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