Australian Dollar: Range-bound outlook near 0.70–0.71 against US Dollar
Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) has fallen from a top G10 performer to the bottom of recent rankings as growth momentum fades and USD strength weighs.

Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) has fallen from a top G10 performer to the bottom of recent rankings as growth momentum fades and USD strength weighs. The bank notes market expectations for one more Reserve Bank of Australia rate hike this year, but with the hiking cycle nearing its peak, it expects AUD/USD to trade broadly sideways around 0.70–0.71 over three months.

Australian Dollar seen losing some shine

"As anticipated, USD strength has pushed AUD/USD back to the 0.70 area."

"Signs that the Australian economy has lost momentum have also shaken the market’s conviction in the outlook for further tightening from the RBA."

"It is RaboResearch’s view that one more RBA rate hike is likely in August, with the outlook dependent on price pressures stemming from the closure of the Strait of Hormuz, notwithstanding the softer outlook for domestic economic activity."

"We anticipate range trading in the AUD/USD 0.70 to 0.71 area on a 3-month view."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Baca Selengkapnya

KUOTASI LANGSUNG

Nama / Simbol
Grafik
% Perubahan / Harga
GBPUSD
Perubahan 1 hari
+0%
0
EURUSD
Perubahan 1 hari
+0%
0
USDJPY
Perubahan 1 hari
+0%
0

SEMUA TENTANG FOREX

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut