The Australian Dollar Could Witness a New Heyday From a Mini-Boom in Commodities, say Analysts at HiFXThe Australian Dollar Could Witness a New Heyday From a Mini-Boom in Commodities, say Analysts at HiFX
The Australian Dollar (AUD) is likely to see strength fade argue analysts at Citi.
Those looking to profit on a rising AUD/USD exchange rate should be aware that a limit could be reached by the time this quarter is out.
Analysts at UOB in Singapore want to see technical confirmation of the AUD/USD’s uptrend triggered before chasing the currency higher.
The Australian Dollar has broken higher recently after staying in a range during most of 2015, but can it sustain these elevated heights?