AUD/USD could remain vulnerable on the back of the challenging risk environment – ING AUDUSD RBA AUDNZD Banks RiskAppetite
“We think AUD can gain some relative advantage against other commodity currencies from an under-priced RBA hike, AUD/NZD upside looks rather attractive in this sense.”
“AUD/USD could remain vulnerable on the back of the challenging risk environment and USD's good momentum for a little longer. Still, we target 0.73 as the year-end value as a USD decline should materialise in the second half of the year.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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