Aussie outlook remains uncertain
MARKET NEWS
SYDNEY -- Analysts are divided over the outlook for the Australian dollar, which was trading below $0.52 again last week after staging a brief rally last month.
"The Aussie dollar has been bouncing around according to US economic data," James Shugg, senior economist at Westpac Banking Corp in London, told FX Week. "For the uptrend to continue, we need to see more evidence that the US slowdown will be more prolonged," he said.
The currency started to rally with the release of good Australian
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