Forex News Offshore markets likely to continue to set the tone for AUD, but don't expect major moves as 2Q CPI Wednesday looms large, says Westpac strategist Robert Rennie. Notes AUD/JPY weaker on return of Japanese traders, keeping with pattern of buying pair when cheap, selling when expensive, hence any further gains likely limited. Expects AUD/JPY range of 103.60-104.20, now 103.945.
0 comments:
Post a Comment