There's been a return to interest in
Aussie dollar assets. . .
Not exact matches
Despite the move, the
Aussie, and the also rallying Canadian
Dollar are still well below the pre-crash highs, and as they have led the market during the correction, we still remain defensive towards risk
assets here.
Should the
Aussie and the Canadian
Dollar pick up some bullish momentum, we could be in for a more durable rally in equities too, as they have been leading risk
assets in recent weeks.
In this article published in the Herald Sun, Andrew discusses how the «overvalued»
Aussie dollar has given a nation wide pay rise, although this pay rise does not give you more
dollars in your bank account it allows you to buy more foreign
assets more cheaply than previously.