Key Quotes
“Despite some overnight recovery in commodities, the moderating NAB January business conditions index and the softer than expected China CPI/PPI numbers may keep undue AUD resilience in check.”
“As an aside, the heavy AUD-NZD may also impart additional drag on the AUD-USD.”
“AUD-USD may therefore remain anchored in the 0.7800 neighborhood in the short term with 0.7730 on the downside still visible.”
Description: AUD/USD to remain anchored in the 0.78 handle – OCBC
Reviewer: Unknown
Rating: 4.0
ItemReviewed: AUD/USD to remain anchored in the 0.78 handle – OCBC
Reviewer: Unknown
Rating: 4.0
ItemReviewed: AUD/USD to remain anchored in the 0.78 handle – OCBC
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