AUD 20% overvalued according to Goldman Sachs strategist

Just reading a headline attributed to Goldman Sachs strategist Thomas Stolper that the AUD is 20% overvalued. They don’t really prop trade anymore so I guess he can’t really now be spruiking their own positions, or?

  1. In fact, Sean, their big guy, Jim O’NEill, said exactly the same thing some weeks ago…

    I prefer what the price action tells me. It’s more honest.

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