AUD/USD gone through parity for first time this year. RBA likley to cut further.
China tentative to stimulate for fear of bubbles, overheating property market. Euro situation/political instability undermining confidence in global risk assets. Commodity prices falling.
Not a great backdrop for AUD. How much lower is it going to go? Thoughts? Downside targets?
how much lower?
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUD (FOREX) to my watchlist
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online