15 Feb 2016
AUD/USD keeps the neutral stance – UOB
The research team at UOB Group has reiterated the neutral perspective of the pair in the near-term.
Key Quotes
“The recent volatile movement appears to have subsided somewhat as AUD traded in a relatively tight range last Friday”.
“We have maintained a neutral stance since early last week and there is no change to the view”.
“We expect this pair to trade in a broad 0.6950/0.7240 range for now”.
Key Quotes
“The recent volatile movement appears to have subsided somewhat as AUD traded in a relatively tight range last Friday”.
“We have maintained a neutral stance since early last week and there is no change to the view”.
“We expect this pair to trade in a broad 0.6950/0.7240 range for now”.