Either we rise back into the channel or break the support line. No position currently.
Tony Cousins from Pyrford international says t.
With equities and bonds looking unattractive, one area of return for Australian investors could be the currency, Mr Cousins said.
"The silver lining to this cloud is that the Australian dollar is expensive," he said. "It's about 20 per cent overvalued against most currencies except the US dollar."
Read more: www.afr.com/markets/...lued-20180216-h0w74f
Tony Cousins from Pyrford international says t.
With equities and bonds looking unattractive, one area of return for Australian investors could be the currency, Mr Cousins said.
"The silver lining to this cloud is that the Australian dollar is expensive," he said. "It's about 20 per cent overvalued against most currencies except the US dollar."
Read more: www.afr.com/markets/...lued-20180216-h0w74f
