| Australia’s biggest money manager says the nation’s currency may build on a seven-week winning streak to surge above 80 U.S. cents this year.
With investors expecting monetary settings to diverge as the Federal Reserve raises interest rates and Australia’s central bank lowers them, the Aussie could climb to heights unseen since May 2015 if policy makers don’t follow through, according to Ilan Dekell, who oversees A$50 billion as head of macro for global fixed income at Sydney-based AMP Capital Investors Ltd...............................................Full Article: Source
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