CBA says the near-term risk for AUD/USD is lower

thunderpips의
Hi there.

CBA have an end-March projection for AUD/USD at 0.7600.

Says there is a near-term risk that AUD moves nearer to that forecast.

Citing: "bond rout sending AUD lower".

In the medium term though fundamentals of high commodity prices will eventually push it higher.

Forecast further ahead: end Q3 projection is 0.8300, will be AUD peak
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