Aussie Still at `Very Elevated' Levels, Esho Says

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June 5 (Bloomberg) -- Peter Esho, an investment advisor at Wilson HTM Investment Group in Sydney, talks about the outlook for Australia's economy, central bank monetary policy and financial markets. Australia’s economy expanded less than economists forecast last quarter as machinery and equipment investment declined, sending the currency lower as traders firmed bets on further interest rate cuts. Esho speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Esho spoke before Australia released its growth data. Source: Bloomberg)

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