Westpac eyes a stronger AUD/USD ...Middle East

forex live - News
Westpac eyes a stronger AUD/USD
The Australian dollar is up nearly 1% today in a broad rally in risk trades and slump in the US dollar. Westpac highlighted AUD/USD longs as something on its radar before the US CPI data but with the break, I'd expect them to get more-favourable to AUD/USD buys.AUD/USD has been showcasing more secure credentials, at the higher end of ranges, though lately it's been more about a softer USD-leg. Momentum dynamics for US yields have shifted and there is no clear path to meaningfully higher US yields for now, not with Powell underscoring once again that sticky inflation trends extend the duration of restrictive policy, as opposed to putting hikes on the table. Tail risk of a faltering jobs marke

Hence then, the article about westpac eyes a stronger aud usd was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Westpac eyes a stronger AUD/USD )

Apple Storegoogle play

Last updated :

Also on site :