Forex News AUD/USD to continue to trade off perceptions of whether "USD recovery of recent days has legs" ahead of 2Q CPI due Wednesday, nabCapital senior currency strategist John Kyriakopoulos says. Notes official pricing in of RBA rate cut will "take some of the wind" out of AUD's sails. Also says pair is most expensive it has been since November 2007, 4.4% above top end of nabCapital's short-term fair value range. Pair last 0.9708.
0 comments:
Post a Comment