Recalibrating into the dollar’s downturn

The dollar is falling, and that will require a recalibration of investment strategies.

If you believe the rhetoric, the Aussie dollar is wedged into a steady traffic flow on a south-bound highway with no chance of an exit.

In the space of a few weeks it has dropped from well above parity to the mid-90s, with a raft of global hedge funds desperate for it to continue its plunge and cash out their potentially lucrative short positions.

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