AUD/USD stabilises above 0.63. Economists at Rabobank analyze the pair’s outlook. Evaluating higher for longer While the market has not ruled out anot
While the market has not ruled out another hike by the RBA, interest rate differentials have been a key factor in pushing AUD/USD lower since July as the market finally adjusts to the higher for longer mantra from the Federal Reserve.
In view of the strength of the USD, we see risk of a push lower to AUD/USD 0.62 on a three-month view.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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