Why the Australian Dollar Is Overvalued

The Wall Street Journal
July 15, 2014 AT 6:37 AM
Australian exporters may need to wait until the Federal Reserve raises rates before there is any relief from a high Australian dollar, which has risen in 2014 on the back of surging demand for the country’s triple-A-rated bonds. The WSJ's James Glynn talks to Reserve Bank of Australia policy maker John Edwards.