Benjamin Pedley
Benjamin Pedley
australian continue hit
Narrowing interest-rate differentials with the U.S. will continue to hit the Australian dollar.
continue dollar expect factor main next rate trajectory
We expect the upward trajectory for the dollar to continue into next year. The main factor underpinning the dollar into 2006 will continue to be interest- rate differentials.
assume events market nervous scare
You assume it's a scare but you can never tell. The market will always be nervous to events like this.
continue european japanese recommend
We will continue to recommend clients, for example, to take Japanese and European equities hedged back into dollars.