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I like it when the Aussie dollar hits it's sweet spot.......somewhere around US$0.85. That keeps our exports more competitive, makes Australian tourism more attractive and doesn't cause too much pain on imports and international travel. I would like the selloff to stop now.

Morgan Stanley reckons the Aussie dollar selloff is just getting started “With markets focused on inflation concerns, currencies of areas with high debt levels and are dependent on foreign funding like AUD should come under selling pressure in particular,” the bank said in a note released on Monday.