Why sterling could conquer the Aussie dollar in 2011

Tim Bennett explains why this may not be a great year for the Aussie dollar.

Aussie cricket fans are in mourning as England delivered a sound thrashing in the recent Ashes series. And the bad news doesn't end there for Australia this may not be a great year for the Aussie dollar either.

After a strong 2010 the Aussie dollar has fallen for four straight days. And there are several good reasons to expect this trend to continue.

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Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.