Australian dollar still overvalued

See the latest Australian dollar analysis here:

Macro Afternoon

Iron ore will put a dent in that ahead.

David Llewellyn-Smith

Comments

  1. Always amazing how market ‘experts’ can have completely different viewpoints . The excellent Damien Boey thinks aud massively undervalued after all………. https://www.macrobusiness.com.au/2020/03/credit-suisse-australian-dollar-massively-undervalued/
    Of course these gutless wonder perma-bulls are ALWAYS ‘right’. Until of course they’re not and the system just snaps. They prevent the system from making the necessary adjustments in an orderly fashion
    It is strange to me how Macrobusiness never talks about the elephant in the room ie gold and bitcoin. I feel like I’m mentioning the unmentionable just typing these words.

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