A money changer’s sign in Hong Kong on Thursday, March 16, 2017. Photo: Bloomberg

Here’s a strategy for surviving the US-China trade war: short the Australian dollar and go long on the Japanese yen

  • Citigroup predicts Aussie-yen will slip to about 72.75 in a few weeks, which marks a drop of more than 4 per cent from a level of 76.04 in Asia Wednesday
  • The Aussie-yen’s correlation with how the offshore yuan trades has been rising recently
Topic |   Currencies

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A money changer’s sign in Hong Kong on Thursday, March 16, 2017. Photo: Bloomberg
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