IMF’s Aussie Comments Could be a GDAY or a CROC
November 21, 2013 at 00:13 AM EST
The CurrencyShares Australian Dollar Trust (NYSEArca: FXA) is down 3.3% in the past month, meaning the Australian dollar has declined over that time as well. That did not stop the International Monetary Fund from reiterating its view that the currency is overvalued. Although FXA has tumbled 11%...