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Economics

Chief economist update: Wrong way, go down

The Australian/US dollar exchange rate is up 1.3% this year despite all the bearish forecasts. In other words, it's headed in the wrong direction.

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Read more: Bloomberg,  Fed,  Westpac,  HSBC,  AUD,  Bill Evans,  Capital Economics,  Economy Forecast Agency,  GFC,  Royal Commission,  Tom Nash