US deficits, commodities and the Aussie dollar
About the author:
- Author name:
- By Michael Knox
- Job title:
- Chief Economist and Director of Strategy
- Date posted:
- 25 August 2021, 8:30 AM
Strong commodities provide the risk that the Aussie dollar will rise. I estimate current fair value is just over 90 US cents, which is 20 cents higher than where it is currently trading. What does this mean for your investment strategy?
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