6 Dec 2013
Flash: Fade AUD/USD upticks - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank prefers to fade any AUD/USD upticks going into the US labor market numbers.
Key Quotes
“The pair is expected to be still heavy within a 0.9000-0.9100 band.”
“On a related note, we also maintain a bearish posture for the AUD-NZD ahead of the RBNZ meeting next week with the cross still eyeing the key psychological 1.1000 floor.”
Key Quotes
“The pair is expected to be still heavy within a 0.9000-0.9100 band.”
“On a related note, we also maintain a bearish posture for the AUD-NZD ahead of the RBNZ meeting next week with the cross still eyeing the key psychological 1.1000 floor.”