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26 Feb 2015
AUD/USD at a glance; bearish bias - Westpac
FXStreet (Guatemala) - Analysts a Westpac Banking Corporation explained conditions surrounding the Aussie dollar; bearish bias.
Key Quotes:
"AUD's promising rally hit a bump with the capex report which the market read as gloomier than we did."
"The RBA decision on Tue should be a close call but AUD is unlikely to trade well, even on a steady hand."
"If the RBA doesn’t cut on Tue it should still talk down AUD and leave pricing for May intact"
Key Quotes:
"AUD's promising rally hit a bump with the capex report which the market read as gloomier than we did."
"The RBA decision on Tue should be a close call but AUD is unlikely to trade well, even on a steady hand."
"If the RBA doesn’t cut on Tue it should still talk down AUD and leave pricing for May intact"