AUD: Markets Underestimating AUD Upside; Positioning Points To A Rally Coming Month – CIBC

The Australian dollar wobbled in a week that saw ups and down for the mood around risk currencies. What’s next? Here is their view, courtesy of eFXdata: CIBC Research discusses AUD outlook and flags a scope for rally over the coming months. “We’re still maintaining our optimistic outlook on the AUD over the next 12 months. […]

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