Aussie-U.S. Premium Seen Shrinking to 2006 Low

Aussie-U.S. Premium Seen Shrinking to 2006 Low

Dan Himbrechts/Bloomberg

The Australian flag flies outside the Reserve Bank of Australia (RBA) headquarters in the central business district of Sydney. The RBA in May reiterated its forecast for “below trend” growth of 2.5 percent this year and predicted a 2014 expansion of between 2.5 percent and 3.5 percent.