The Traderszone Network

Published in TZ Latest News 8 May, 2016 by The TZ Newswire Staff

Goldman Sachs trims long USD bets, & looking for lower AUD

Comments from Goldman Sachs Asset Management’s Asia-Pacific head of fixed income Philip Moffitt
– Says the Federal Reserve will probably increase interest rates by another 25 basis points later in the year
Also expecting the AUD to fall against the NZD, CAD & SEK