Buy The Aussie With Kiwi Looking Rich, Strategist Says.

The article focuses on the forecast of Credit Agricole foreign exchange strategy head Mitul Kotecha for the performance of the Australian and New Zealand dollars in 2011. He attributes the 4.6% gain in the Kiwi against the Australian dollar since May 4 to strong economic data. The only foreign currencies that registered an increase against the U.S. dollar during the month were the Kiwi and Swiss franc. He predicts the resurgence of the Aussie following weakness due to concerns over growth.