In 2017, an article on bloomberg.com had the following headline: The Australian Dollars Outlook Darkens. The article
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In 2017, an article on bloomberg.com had the following headline: “The Australian Dollar’s Outlook Darkens.” The article stated, “The march of the Fed toward higher U.S. interest rates has also been a factor sapping optimism toward the Aussie [dollar].” Briefly explain the article’s reasoning.
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Higher US interest rates relative to ...View the full answer
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