(Bloomberg) -- Investors should buy call options to
bet the Australian dollar rallies beyond its current 18-year
high versus the U.S. dollar, according to Peter Pontikis at
Suncorp-Metway Ltd.
The central bank will lift its benchmark by year-end, after
leaving it unchanged at 6.25 percent since November, according
to Suncorp-Metway and Lehman Brothers Holdings Inc. The
Australian currency has gained 9.3 percent this year as
investors bought the country's high-yielding debt with money
borrowed at lower rates in Japan and Switzerland.
Read more at Bloomberg Currencies News
bet the Australian dollar rallies beyond its current 18-year
high versus the U.S. dollar, according to Peter Pontikis at
Suncorp-Metway Ltd.
The central bank will lift its benchmark by year-end, after
leaving it unchanged at 6.25 percent since November, according
to Suncorp-Metway and Lehman Brothers Holdings Inc. The
Australian currency has gained 9.3 percent this year as
investors bought the country's high-yielding debt with money
borrowed at lower rates in Japan and Switzerland.
Read more at Bloomberg Currencies News
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