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Showing posts with label U.S. investment bank. Show all posts
Showing posts with label U.S. investment bank. Show all posts

10/13/2012

Goldman Sachs FX strategist: A$ 20% overvalued

SYDNEY--The Australian dollar is about 20% over valued and vulnerable to a sharp correction amid a slowing domestic economy and downward pressure on commodity prices, a top Goldman Sachs Group Inc.