Photographer: Carla Gottgens/Bloomberg

Top Forecaster Sees ‘Overvalued’ Aussie Lagging on Rate-Cut Room

  • RBA’s ability to cut rates more than others will cap currency
  • Unemployment data crucial for RBA’s next move, Unicredit says

The Australian dollar’s top forecaster says the relatively high interest rates normally seen as a strength of the currency could turn out to be its weakness in coming months.

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