The RBA needs Yellen's help on the Aussie dollar

Reserve Bank governor Glenn Stevens' jawboning won't drive down the dollar to US85 cents, but a rallying greenback will. But more heavy lifting needs to be done by the Fed.

After a stint on the sidelines, Reserve Bank of Australia Governor Stevens took the opportunity to resume attempts to talk the Aussie dollar down last week. It was a timely return given the recent surge, but is it enough to send it lower?


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