Pictet WM: AUD unlikely to outperform

13 November 2017 | 1 minute read

AUD is unlikely to outperform moving forward, according to Pictet Wealth Management, as the Reserve Bank of Australia (RBA) is remains cautious about tightening given the low wage growth and high household debt in the country. “The Australian dollar could be vulnerable in the coming months given uncertainty regarding household consumption and high speculative long positions in the futures market,”…

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