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Westpac: Australian dollar smashed if trade war worsens

May 22, 2019 - 12:37 -- Admin

Via Bloomie: Bank of America Corp. sees the Japanese yen strengthening as investors flee risky assets, and has recommended an associated euro-yen trade. Goldman Sachs Group Inc. warns that currencies from the euro to South Africa’s rand and Chile’s peso could be in the firing line. And Westpac Banking Corp. sees bonds as a safe

The post Westpac: Australian dollar smashed if trade war worsens appeared first on MacroBusiness.

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