Besa Deda
Besa Deda
australian dollar rate rises
Rate rises may make their way back on the agenda. The Australian dollar should benefit.
dollar early expect external federal finishes greater latter remain reserve risk role sentiment strong toward
We expect the dollar to remain strong in early 2006. (But) once the U.S. Federal Reserve finishes tightening, the risk is that external imbalances play a greater role in steering currencies, and in that latter backdrop, sentiment toward the dollar may deteriorate.
continued doubt given plenty pricing strength
There is little doubt that firms in the US have plenty of pricing power, given the continued strength of the US consumer.