Monday, February 5, 2018

RBA Preview: AUD/USD is vulnerable to jawboning

The good news about the economy meant bad news for stocks on the prospects for a more aggressive tightening cycle by the Fed. The sell-off in Wall Street turned into a global rout - a risk-off sentiment that hurts the A$. The RBA could take advantage of the Aussie's vulnerability to send it even lower.

from Google Alert - vulnerability http://ift.tt/2EHrkNB
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