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Oz fund manager says overvalued AUD to shake RBA confidence, force rate cut

Comments from an Australian fund manager up on Bloomberg overnight

BT Investment Management's head of fixed income Vimal Gor, from an interview last week

  • Expects AUD strength to weigh on the economy
  • Will prompt at least 50bp of RBA rate cuts

On timing of cuts:

  • "the second half of the year looks much more likely than a cut in the first half"

More on the AUD:

  • looking for opportunities to bet on a decline
  • Says it could climb toward 80 cents in the short-term

Article is here at Bloomberg

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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