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The Bear Case for the Aussie Dollar: a 30% Drop | |
April 12, 2012 Growing worries about China’s economy have led to a decline in the Australian dollar in recent weeks but one strategist is calling for an even sharper correction, forecasting the currency will fall as low as 70 cents against the U.S. dollar over the longer-term. Source: http://www.cnbc.com/id/47025355?__source=RSS*tag*&par=RSS |