Currency analysts at Goldman Sachs make the case for selling AUD/USD
They outline five reasons for continued weakness.
1. Australian is poorly positioned to transition from commodity exports to traditional manufacturing or services exports. The high AUD held back investment in those areas and it will take an extended period of Aussie weakness to awaken them.
Four reasons why Goldman Sachs expects the Australian dollar to fall further
ByAdam Button
Sep 22, 2015