{video} Calling it his “best trade,” one currency strategist said investors should buy the Australian dollar now. “The Australian currency is very undervalued at these levels,” Patrick Bennett, foreign exchange strategist at the Canadian Imperial Bank of Commerce, told CNBC on Thursday. He said he expects the U.S. and China to come to a resolution on their trade tensions, which would leave the Australian dollar “very well positioned,” he told CNBC’s Squawk Box. The currency Down Under is often seen as a gauge of global risk appetite. In some cases, it is also viewed as a proxy for China, especially since the Chinese ... (full story)