Original article by Mark Mulligan
The Australian Financial Review – Page: 32 : 25-Nov-15

The Australian dollar was buying around $US0.72 late in trading on 24 November 2015, after reaching an intra-day low of $US0.7159 in the previous session. PIMCO portfolio manager Luke Spajic anticipates further support for the US dollar in the current monetary policy environment, with the Federal Reserve poised to increase interest rates and many other central banks likely to reduce interest rates. There is growing expectation that US interest rates will rise in December.

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