If PIMCO is Right, Aussie ETFs Merit Attention

There is not much more that can be thrown at the CurrencyShares Australian Dollar Trust (NYSEArca: FXA). Over the past two years, the Reserve Bank of Australia has slashed interest rates by 225 basis points to a record low of 2.5%. While 2.5% is high by the standards of the U.S., Eurozone or Japan,...