5 Dec 2013
Flash: AUD/USD continues to eye 0.9000 support - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank comments that AUD/USD may continue to eye key support at 0.9000.
Key Quotes
“Given the current conditions surrounding the cyclical currencies, the AUD/USD may continue to contemplate the key psychological 0.9000 support.”
“Markets are also expected to be asymmetrically biased in term so reactivity to negative news flow at this juncture, and we retain a bearish slant on the pair.”
Key Quotes
“Given the current conditions surrounding the cyclical currencies, the AUD/USD may continue to contemplate the key psychological 0.9000 support.”
“Markets are also expected to be asymmetrically biased in term so reactivity to negative news flow at this juncture, and we retain a bearish slant on the pair.”